Tag: oil
Subsea contract for the Dalia field
TotalFinaElf Exploration & Production Angola has awarded Kvaerner Oilfield Products, a subsidiary of Aker Kvaerner, a USD 3.1 million contract for pre-engineering and qualification testing of the subsea production systems for the Dalia field offshore Angola.
Oman production boost
MB Petroleum and its new partner, CNPC, will invest a total of USD 220 million over the next four years to achieve a projected five-fold increase in oil production at the Sultanate's Mezoon-5 oil concession.
Iran-India gas pipeline agreement
A USD 3.2 billion natural gas pipeline from Iran to India via Pakistan is showing more promise with the expectation that Pakistan and Russia will sign a memorandum of understanding (MOU) in Moscow the second week of September allowing studies for the pipeline to proceed.
Caspian MOU signed
Rosneft and Kazakhstan's Kazmunaigaz have signed an MOU regarding the development of the Kurmangazy field in the Caspian Sea.
Pipeline in southern Thailand
An international group comprising Sukothai Petroleum Co., Omani and Canadian interests have agreed to build a USD 450 million crude oil pipeline across southern Thailand to bypass the crowded Strait of Malacca.
South Pars contract âready for signatureâ?
Oil Minister Bijan Namdar-Zanganeh has said that the contracts for phases 9 and 10 of the South Pars Gas Field are ready to be signed.