Thursday 23 May 2013
 
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Occidental

Bahrain's oil output up 33pc in 2011

Bahrain saw oil production increase 33 per cent last year, having risen by 24 per cent the previous year, said Energy Minister Dr Abdulhussain Mirza. This has been due to the hard work by Tatweer Petroleum, the joint venture between nogaho

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Occidental set for gas exploration in Bahrain

US oil giant Occidental will begin drilling for gas at the Bahrain Field 'any time now', said a senior government official. 'Cabinet approval for the deal has been received and a royal decree is set to be issued this week,'

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Tatweer Petroleum reviews key operations

Tatweer Petroleum's operations and plans were discussed at a key board meeting on Tuesday. Energy Minister Dr Abdulhussain Mirza chaired Tatweer's eighth board meeting which included representatives from Occidental, Mubadala and No

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Occidental, Kogas get Iraqi crude cargo

US-based Occidental Petroleum Corp and South Korea's Kogas have received their first cargo of crude oil as payment for helping to develop Iraq's Zubair oilfield, shipping sources told Reuters on Monday. The vessel Hellespont Trooper left B

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Tatweer meeting discusses key issues

Tatweer Petroleum Company, the ambitious new oil venture of Bahrain, discussed several organisational issues as well as the audit plan at the company's board of directors meeting. Tatweer is a joint venture between National Oil and Gas Aut

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Shah gas to start production in mid-2014

Production should begin by the middle of 2014 at the Shah gas project being developed by Occidental Petroleum and Abu Dhabi National Oil Company (Adnoc), a senior official said on Monday. Occidental won the contract to participate in the s

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Bahrain signs gas deal with Occidental

Bahrain yesterday signed a deep gas exploration and production sharing agreement with US Occidental Petroleum Corporation. Oil and Gas Affairs Minister and National Oil and Gas Authority (Noga) chairman Dr Abdulhussain Mirza sealed the de

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Occidental wins $10bn Abu Dhabi Shah project

Occidental Petroleum has been awarded a contract to develop Abu Dhabi National Oil Company's (Adnoc) Shah gas project, in a deal expected to be worth $10 billion, sources said. 'Adnoc has awarded the Shah gas field to Oxy,' sai

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Sinopec buys Oxy's Argentina assets for $2.5bn

China Petrochemical Corp, parent of Sinopec Corp, agreed to buy all of US-based Occidental Petroleum's oil and gas assets in Argentina for $2.45 billion, its first foray into the upstream market in the Latin America country. The top re

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Occidental to boost Oman crude production

Occidental Petroleum Corp will boost its crude production in Oman by 50 percent to 150,000 barrels per day (bpd) in 2012, senior company executive Bill Albrecht said on Sunday. The fourth-largest US oil and gas company currently produces f

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