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Kuwait Petroleum Corp set to spend $113bn in 5 yearsKuwait plans to invest a whopping KD34 billion ($113 billion) over the next five years mainly to boost oil exploration and production activity both inside and outside the country, reported Kuwait News Agency (Kuna). This More… |
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Kuwait Petroleum Corp set to spend $113bn in 5 yearsKuwait plans to invest a whopping KD34 billion ($113 billion) over the next five years mainly to boost oil exploration and production activity both inside and outside the country, reported Kuwait News Agency (Kuna). This More… |
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Gas output to boost Oman’s GDP next year: NBKOman’s economic growth will slow to just 0.3 per cent this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 per cent in 2018 as gas production expands and the non-oil economy steadie More… |
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Gas output to boost Oman’s GDP next year: NBKOman’s economic growth will slow to just 0.3 per cent this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 per cent in 2018 as gas production expands and the non-oil economy steadie More… |
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South Pars 5 phases to boost Iran gas outputThe five phases of the giant South Pars gas field (17, 18, 19, 20 and 21) will boost Iran’s daily gas output by 150 million cu m, Oil Minister Bijan Namdar Zanganeh was quoted as saying in a Tehran Times report. It More… |
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Total to install boosters to hike South Pars outputFrench oil giant Total will install a pressure booster station to Phase 11 of Iran’s South Pars Gas Field aiming to pump two billion cu ft of gas daily for 20 years, a report said. The move is aimed at tackling the drop in e More… |
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Iran to raise South Pars gas outputIran is planning to increase gas extraction from South Pars Gas Field to the same level extracted by Qatar this year, a top official was quoted as saying in an Iran Daily report. Iran is extracting 270,000 bpd of oil from More… |
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Algeria ‘oil and gas output on the rise’Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African Opec member's existing fields, state energy company Sonatrach said on Sunday. Oil More… |
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South Pars phases 20, 21 ops to begin mid-MarchIran plans to launch phases 20 and 21 of the South Pars Gas Field by mid-March 2017, a report said. The phases will go on-stream with a daily production capacity of 50 million cu m (mcm) of natural gas, Iran Daily quoted More… |
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Saudi energy demand ‘rising too fast’Saudi Arabia needs to tame growth in its domestic oil and gas consumption, which are too big for both its population growth and the size of its economy, the central bank governor said. "Data show that the kingdom's domestic consumption of More… |
