Iran to hold $5B in O&G tenders in 2018

February 16, 2018 0

National Iranian Oil Company (NIOC) is planning to hold a number of tenders this year, aimed at developing oil and gas projects worth $5 billion, managing director Ali Kardor said on Wednesday.

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TANAP coming online in July: Turkish minister

February 16, 2018 0

Turkish energy minister Berat Albayrak said Thursday the Trans-Anatolian Natural Gas Pipeline (TANAP) will be commissioned before July, as part of the $45 billion Southern Gas Corridor (SGC) which will transport Azeri gas to Europe, Kallanish Energy learns.

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Saipem secures Omani refinery contract

February 16, 2018 0

Omani and Kuwaiti partners signed on Thursday a contract for the development of the Duqm Refinery, in northeast Oman, with Italian oil and gas services company Saipem, Kallanish Energy reports.

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Russia-China fund eyes Aramco IPO: Russian exec.

February 15, 2018 0

Russian banks and a Russian-Chinese investment fund are interested to invest in what could be the largest initial public offering in recent times, the Saudi Aramco’s floating of shares, a Russian senior executive said Wednesday.

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Iraq signs contract for Kirkuk oil refinery

February 9, 2018 0

Iraqi oil ministry said Thursday it has approved plans for the construction of a new crude oil refinery in the country, with capacity to process 70,000 barrels per day (BPD) of crude, Kallanish Energy learns.

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ADNOC to invest $3.1 billion in refinery upgrade

February 9, 2018 0

Abu Dhabi’s state-owned oil company, ADNOC, will invest $3.1 billion in an upgrade to its Ruwais oil refinery, in a project that will enable crude processing flexibility, freeing up “valuable” local crude for exports.

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Eni makes ‘Zohr-like’ discovery in Cyprus

February 9, 2018 0

Italian oil major Eni has made a lean gas discovery offshore Cyprus, confirming what it called the extension of the “Zohr like” play in Cyprian waters, the firm told investors in a statement on Thursday.

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