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Petrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).
In total, Iraq will add around 150,000 barrels per day to its exports, from the Baba Gorgor, Jambour and Khabbaz fields.
ORPIC's Sohar Refinery upgrade project, which is due to be completed in the first quarter of 2017, is expected to reduce the amount of crude oil Oman has available for export by around 50,000 bpd.
Iran exported 308,000 barrels of crude oil and gas condensate to Japan per day in the first half of 2016, a 195.8 per cent increase on last year’s figures.
The U.S. Department of Energy has authorised the Golden Pass Terminal near Sabine Pass, Texas to export domestic LNG to non-FTA countries in a move that could position the country as a dominant global LNG exporter.
Iran has begun exporting gas to Iraq, an Iranian official told the state-run Islamic Republic News Agency (IRNA) on Wednesday, after a several years of delays.
President Trump struck a deal with China to export more natural gas from the United States, according to a joint statement issued late last night by the Commerce Department and the Asian power.
Engie E&P has announced that it has started first gas exports from Cygnus Bravo, the satellite wellhead platform in the Southern North Sea’s Cygnus field.
Iran will begin exporting natural gas through a pipeline to Oman by 2020 after re-routing sub sea path to avoid waters controlled by United Arab Emirates, Iranian officials said.
Eni announced that the first batch of export crude oil has been shipped from the onshore processing plant of the giant Kashagan oilfield after years of delays and soaring costs.