Sunday 19 May 2013
 
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oil field

Iran to pump oil from South Pars field soon

  Iran will soon start producing crude from an oil layer in its giant South Pars gas field, which it shares with Qatar, the director of the National Iranian Oil Company (NIOC) said.   "Producti

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Exxon in talks to sell Iraq field stake to Mubadala

  Exxon Mobil is in negotiations to sell 5 percent of its stake in Iraq's West Qurna-1 oilfield to Abu Dhabi's state-run investment fund Mubadala, part of the US major's moves to reduce its exposure there, Iraqi oil o

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Shell to resume operations at giant Iraq oilfield

Royal Dutch Shell will resume operations at Iraq's Majnoon oilfield on May 1, with initial production of 100,000 barrels per day (bpd), Oil Minister Abdul Kareem Luaibi said on Saturday. The production re-start at one of Iraq&

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Jobs protesters break into Iraq oilfield

  Hundreds of protesters demanding jobs broke into Iraq's giant southern West Qurna-2 oilfield and wrecked offices early on Monday, police and employees at the field said.   West Qurna-2, which

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Dana to develop UAE field for 2014 start up

  Dana Gas has agreed with the governments of Sharjah and Ajman to develop a gas field off the two emirates' coasts with production expected to start in the first half of 2014, the company said on Thursday.  

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Turkmenistan plans to start key gasfield

Turkmenistan plans to begin production at the world's second-largest gasfield next year, a senior Turkmen official said, opening up new EU- and US-backed supply routes to Europe and Asia at the risk of Russian opposition. The

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Shell sees Iraq Majnoon output at 200,000bpd

Iraq's Majnoon oilfield, operated by Royal Dutch Shell, is expected to hit output above 200,000 barrels per day (bpd) in the third quarter of 2013 - above the level needed to start recovering costs, Shell's programme for Majnoon said.

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Maersk, Qatar in talks to extend Al-Shaheen deal

  Denmark's Maersk Oil is in talks with Qatar Petroleum to extend a production sharing contract for the offshore Al-Shaheen oilfield by another 13 years to 2030, industry sources said on Friday.  

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Rosneft in talks to join Exxon in Iraq

Russia's top crude oil producer, Rosneft, has been in talks with ExxonMobil over the possibility of teaming up with the American major to tap Iraq's huge West Qurna-1 oilfield, Kommersant daily reported on Friday. The daily, citing

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$16m water treatment plant opens in Bahrain

A new $16 million water treatment plant, operated by Tatweer Petroleum, has opened at the Bahrain Oil Field in Hefeersa. The facility was inaugurated by Energy Minister Dr Abdulhussain Mirza in the presence of officials from Tatweer, the N

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