Wednesday 19 September 2018
 
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oil contracts

DME launches 8 new oil contracts

Dubai Mercantile Exchange (DME) has announced the launch of eight new oil listings following completion of the regulatory review. A premier international energy futures and commodities exchange in the Middle East region, DME aims

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DME launches 8 new oil contracts

Dubai Mercantile Exchange (DME) has announced the launch of eight new oil listings following completion of the regulatory review. A premier international energy futures and commodities exchange in the Middle East region, DME aims

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Iran set to finalise three oil contracts: NIOC

Iran will finalise three oil contracts before March 20, the director general of National Iranian Oil Company (NIOC)  was quoted as saying in a media report. The Azadegan oilfield, 80 km west of the Iranian city of Ahvaz, will

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New oil contract models will boost FDI: Iran

The Iran Petroleum Contract (IPC) model would bring more foreign investment, Oil Minister Bijan Namdar Zanganeh was quoted as saying in a media report. “Under the IPC model, more than 70 per cent of Iran oil production capac

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Iran signs 12 oil contracts with foreign firms

Iran has signed 12 contracts with foreign companies operating in the sector, said a top official, adding that there are plans to sign 12 new deals with foreign firms.   Low cost and low risk for oil and gas production as the t

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Iran signs seven initial oil deals with foreign firms

Iran has signed seven new initial agreements with foreign oil companies, Ali Kardor, managing director of the National Iranian Oil Company (NIOC), was quoted as saying by the oil ministry's news agency Shana on Tuesday.

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Iran to sign oil contracts based on new model

National Iranian Oil Company (NIOC) will sign two or three contracts based on the new model by March next year, the company’ deputy managing director said. Gholamreza Manouchehri added that he expected amendments to the new

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Iran wants more changes in new oil contracts

Iran's new oil and gas contracts will need amendments, its oil minister said on Tuesday after a meeting with the speaker of parliament, adding that the new contracts will not be sent to the assembly for final approval. The lau

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Iran's cabinet agrees new oil contracts

Iran's cabinet approved on Wednesday an amended draft for the country's new oil and gas contracts, Iranian official media reported. "The draft of the general conditions, structure and patterns of the upstream petroleu

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UK’s Wood Group wins double deal in Iraq

UK-based Wood Group, a leader in energy services has secured two new, three year contracts, collectively valued at over $140 million, to deliver technical services and expertise to a global oil company in Iraq. Wood Group PSN (WGP

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