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Yemen invites bids for five oil blocksYemen has invited international companies to bid for exploration and development rights in five oil blocks around the country as it gives top priority to building up its oil output and reserves, the oil minister said. More… |
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Adnoc, Korea firm to develop oil blocksThe Abu Dhabi National Oil Company (Adnoc) and the Korea National Oil Corporation (KNOC) have signed a contract to develop three undeveloped oil blocks in Abu Dhabi. This contract further strengthens the important relationship between both More… |
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Oman plans $1bn investment to boost gas outputOman plans to invest $1 billion in a field southeast of the capital to boost gas production, state-run Oman Oil Exploration and Production Company said in a statement on Sunday. "We plan to produce 90 million cu ft of gas per day from More… |
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Kuwaiti firms may join ONGC in India oil bidKuwaiti firms may join India's state-run Oil and Natural Gas Corp (ONGC) to jointly bid in the auction for oil and gas exploration blocks in India, the company's chairman RS Sharma told reporters on Tuesday. India aims to laun More… |
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OMV renews key Libya oil contractsOMV, Central Europe's leading oil and gas group, has signed agreements with Libya's National Oil Corporation (NOC) for renewal of key oil blocks in the Murzuq basin and extending the oil contracts till 2032. The oil blocks - NC115 and NC18 More… |
