Thursday 26 April 2018
 
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oilfield

IOC buys major Oman oilfield stake for $329m

Indian Oil Corporation, the country's largest oil firm, has acquired Royal Dutch Shell's 17 per cent stake in the Makhaizna oilfield in Oman for $329 million, said a report. Mukhaizna oilfield is the single largest produci

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OMV in $1.5bn deal to buy 20pc Abu Dhabi oilfield stake

Austrian energy group OMV said it has reached an agreement with Abu Dhabi National Oil Company (Adnoc) to acquire a 20 per cent stake in the concession for the two offshore oilfields in the UAE.   As per the deal

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OMV in $1.5bn deal to buy 20pc Abu Dhabi oilfield stake

Austrian energy group OMV said it has reached an agreement with Abu Dhabi National Oil Company (Adnoc) to acquire a 20 per cent stake in the concession for the two offshore oilfields in the UAE.   As per the deal

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Bahrain announces largest oil, gas find in decades

Bahrain government on Sunday (April 1) announced the discovery of a new tight oil and deep gas resource in the Khaleej Al Bahrain Basin, located off the west coast of the kingdom in addition to the discovery of large quantities of deep gas, repo

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DNO steps up output from Kurdistan oilfield

DNO ASA, a leading Norwegian oil and gas operator, has tripled production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd). DNO ASA, a leading Norwegian oil and

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DNO steps up output from Kurdistan oilfield

DNO ASA, a leading Norwegian oil and gas operator, has tripled production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd). DNO ASA, a leading Norwegian oil and

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ExxonMobil starts production at Hebron field

Exxon Mobil Corporation has announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day. Discovered in 1980, the Hebron field is est

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Tender for Iran's key oilfield 'within days'

A tender to develop the Azadegan oilfield in the southwestern province of Khouzestan in Iran will be held 'within days', reported Press TV, citing a top government official.   The much-awaited tender over the

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Tender for Iran's key oilfield 'within days'

A tender to develop the Azadegan oilfield in the southwestern province of Khouzestan in Iran will be held 'within days', reported Press TV, citing a top government official.   The much-awaited tender over the

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Scotland’s Plexus wins tech order for Oman oil well

Scotland-based Plexus Holdings has won a contract from Singaporean-owned Masirah Oil to provide its oilfield technology for a second exploration well in Block 50 offshore Oman, a report said. Plexus’ Pos-Grip wellhead techno

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