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French oil giant Total and China’s state major CNPC sign first IPC agreement with Iranian state oil company NIOC’s subsidiary Petropars to develop phase 11 of the mega South Pars gas field in offshore Gulf

OVL-led Indian consortium has offered to invest as much as $6bn on the Farzad-B field and spend the remaining amount to build an LNG export facility

GE Oil & Gas and EEA have been co-developing mechanisms to ensure operational reliability and equipment availability to avoid loss of revenue through unplanned downtime

Exports had started at approximately 7mcm/d and would eventually reach up to 35mcm/d, Amir Hossein Zamaninia, the deputy oil minister for trade and international affairs, has said

The Gulf holds more than 40 percent of global gas reserves, much of it untapped, yet the volume of LNG imports required by the region is quickly rising as domestic demand outpaces local pipeline supply.

Arcadis will deliver oversight and project management of all the environmental baseline surveys being carried out, all the reporting and coordination between ADNOC and the Environmental Agency in Abu Dhabi (EAD), and submit the final HSEIA report.

In a major setback for India, Iran has signed a basic agreement with Russia’s state-owned energy giant Gazprom for development of offshore gas field discovered by Indian consortium led by OVL

Once built, the floating LNG plant on Coral South, will have a capacity of about 3.4mn tonnes a year and will draw gas from the Rovuma Basin, where Eni made its first major Mozambique find in 2011