Friday 20 July 2018
 
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oil projects

Kuwait plans to spend $500bn on big oil projects

Opec member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, said a report. The announcement comes despite Kuwait projecting a budget deficit in the next fiscal

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Kuwait plans to spend $500bn on big oil projects

Opec member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, said a report. The announcement comes despite Kuwait projecting a budget deficit in the next fiscal

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Iran, Iraq mull drilling tie-up in oil projects

Iraq’s National Oil Company (NOC) and the National Iranian Drilling Company (NIDC) recently discussed cooperation in drilling projects in Iraq, a report said. The two sides discussed views on facilitation of NIDC’s pre

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Kuwait to pump in $79bn into key oil projects

State-owned Kuwait Oil Company (KOC) is set to spend about KD24 billion ($79 billion) oevr the next five years, as part of its plans to boost the output capacity to 4 million bpd, from 3.1 million bpd currently, reported Reuters, quotin

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Iran to sign new oil contracts worth $15bn

National Iranian Oil Company (NIOC) expects to conclude new contracts worth $15 billion with foreign countries to develop the country's energy fields, the company's managing director was quoted as saying in a media report.

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Iran sees $50bn oil deals kick off in 2018

Iran expects around $50 billion worth of oil contracts to launch their operational phases next year, the director of investment at the Industrial Development and Renovation Organization (IDRO) was quoted as saying in an Iran Daily repor

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Iran plans new-style tenders for oil projects

Iran plans to introduce its first new-style tender in January to develop oil and gas fields since the lifting of sanctions, managing director of the National Iranian Oil Company (NIOC) was quoted as saying in a report. Ali Kardor

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Iran plans new-style tenders for oil projects

Iran plans to introduce its first new-style tender in January to develop oil and gas fields since the lifting of sanctions, managing director of the National Iranian Oil Company (NIOC) was quoted as saying in a report. Ali Kardor

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Iran ‘to sign mega oil projects by March’

Iran is expected to undertake mega oil and gas projects in collaboration with foreign companies before March 2017, Iran Daily News quoted the country’s deputy oil minister for trade and international affairs as saying.

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Iran ‘to sign mega oil projects by March’

Iran is expected to undertake mega oil and gas projects in collaboration with foreign companies before March 2017, Iran Daily News quoted the country’s deputy oil minister for trade and international affairs as saying.

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