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Iraq Plans New Oil Export Pipelines

Date : Jul 22, 2019

As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil export outlets in a bid to avoid any damage that could result from the tense security situation in the Gulf region.

 

Iraqi Prime Minister Adel Abdul Mahdi said in a press conference July 9 said that the government was considering export routes through Syrian and Jordanian territory, and added that Baghdad is “worried about the current events in the Strait of Hormuz and their potential impact on the Iraqi economy.”

 

Last month, Iraq's production of crude oil reached 3.52 milli...

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Main Gas Fields in KG-D6 Block in Late Life Stage: Reliance

Date : Jul 22, 2019

Reliance Industries has said its flagship natural gas fields in the KG-D6 block in the Bay of Bengal are in “a late life stage” with output plummeting to an all-time low. The company, beginning mid-2020, will bring to...

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Qatargas Successfully Delivers 3000th LNG Cargo to Japan

Date : Jul 22, 2019

Qatargas, the World's Premier LNG Company, announced a historic milestone as it successfully delivered the 3,000th Liquefied Natural Gas (LNG) cargo to Japan since the first ever Qatari shipment was delivered to...

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Noble Corp Receives Extensions for Jack-ups Rigs in UK & Saudi Arabia

Date : Jul 22, 2019

Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia. In its latest fleet status report released on Thursday, Noble Corp. said that Total had awarded a...

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KBC to Enhance Triple Bottom Line Performance of ME Oil Refineries

Date : Jul 19, 2019

Three oil refineries to benefit from enhanced resilience from KBC’s Profit Improvement Program® amid growing risk of oil demand under-performance. To combat imminent global economic headwinds, KBC (A Yokogawa Company) has...

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Diesel Sent from Patna for Trial of Petroleum Pipeline

Date : Jul 19, 2019

The petroleum pipeline from India to Amlekhgunj is set to come into operation soon. Diesel has been sent from Patna of Bihar Wednesday for trial of the pipeline and it is expected to reach Amlekhgunj by Thursday evening, according to...

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BPCL to Set Up Ethanol Biorefinery in Maharashtra

Date : Jul 19, 2019

The Bharat Petroleum Corporation (BPCL) will set up Maharashtra’s first-ever ethanol biorefinery at Vidarbha’s Bhandara district. The project will entail an investment of Rs 1,500 crore.

 

The...

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Iraq to Sign Deal with Honeywell for Artawi Gas Processing, says Ministry

Date : Jul 19, 2019

Iraq's oil ministry said on Tuesday it would sign an agreement on Wednesday with U.S. energy company Honeywell to process natural gas from its Artawi southern oilfield.

 

The memorandum of understanding would "develop...

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India Cannot Afford to Ban Petrol and Diesel Vehicles: Petroleum Ministry

Date : Jul 18, 2019

Though the government is currently pushing for the greater use of electric vehicles with an aim of cutting down on its imports for oil in order to save the environment, it has no plans to completely ban the use of petrol and diesel-powered...

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Sufficient Oil Available to Offset India’s Lost Iranian Imports: Petroleum Minister

Date : Jul 18, 2019

There are adequate oil supplies in the market to compensate for lost oil imports from Iran, Indian oil minister Dharmendra Pradhan said in New Delhi on Tuesday. India halted imports from Iran after the United States' May...

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Indo-Nepal Petroleum Products Pipeline Ready for Commercial Operation

Date : Jul 22, 2019

This is the first transnational petroleum pipeline from India and the first South Asian oil pipeline corridor. It is also the first oil pipeline in Nepal. Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) have successfully completed the testing transfer of the pipeline. The diesel released from Motihari in Bihar received at Amlekhgunj in Nepal on Friday. The pipeline is now technically commissioned and ready for launch. The oil pipeline will ensure smooth, cost-effective and environment-friendly supply of petroleum products to Nepal.   The prestigious project is expected to be inaugurated soon by the Prime Minister Narendra Modi and his Nep...

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BPCL to Invest $11.1B in Refinery Expansion, Oil and Gas Assets and Power Projects

Date : Not Given

Bharat Petroleum Corporation Limited .BPCL. plans to invest INR500 billion .$11.1 billion. in the next five years for expansion...

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Swiber Bids Lowest for ONGC's B-193 Contract

Date : Not Given

Swiber is the lowest bidder for the design and engineering, procurement, installation, and construction contract for offshore...

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Tatweer Petroleum, the Joint Venture of Occidental Petroleum, Mubadala and NOGA take shape

Date : Not Given

Tatweer Petroleum-Bahrain Field Development Company .Tatweer Petroleum. has taken shape as the joint venture of Occidental Petroleum Corporation, Mubadala Development Company .Mubadala. and the National Oil and Gas Authority of Bahrain .NOGA.. The...

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OPWP, Marubeni Consortium Sign Contract for Sur IPP

Date : Not Given

An agreement was signed between Oman Power and Water Procurement Company .OPWP. and a multinational consortium to build, own and operate the Sur Independent Power Project in an investment of $1.5 billion. The new investment was announced at a signing...

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Saudi Aramco focus on further ITB to develop Arabiyah gas field and Shaybah oilfield.

Date : Not Given

Saudi Aramco is reportedly planning to invite bids for contracts in the second quarter of 2010 for its gas facilities at Arabiyah gas field and Shaybah oilfield. The preliminary design and engineering work and project management contracts for the two...

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Honeywell Wins Contract for PKS to Power North Sea Gas Facility

Date : Not Given

Honeywell announced it has been awarded a new contract by Wintershall Noordzee for the implementation and delivery of its...

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GKPI wins two exploration contracts.

Date : Not Given

The Gulf Keystone s subsidiary, Gulf Keystone Petroleum International Limited .G.K.P.I.. has been awarded contracts by the...

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Petro Rabigh Petrochemical Complex officially unveiled

Date : Not Given

The Petro Rabigh Petrochemical Complex was inaugurated on Nov 8th in the Red Sea port city by the Kingdom s Minister of...

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Tenaris Inaugurates OCTG Pipes Plant in Dammam

Date : Not Given

Tenaris has officially inaugurated its first plant in Saudi Arabia which will be operated by Tenaris Saudi Arabis Limited in...

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IOC to invest Rs 8,000 crore in Koyali refinery expansion

Date : Not Given

23 Aug 2013: State-owned Indian Oil Corporation .IOC. will invest about Rs. 8,000 crore to expand capacity at its Koyali oil...

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