Iran’s President Mahmoud Ahmadinejad has inaugurated over a dozen fuel production projects at Lavan Oil Refinery in the Persian Gulf Island of Lavan, Press TV reported. NIOC (Tehran) _Jan 26_ With the presidential inauguration of 14 new fuel production lines in the Lavan facility on Tuesday, the capacity of Iran’s production of Euro-4 grade gasoline

An official announced on Sunday, the production of gas and gas condensates in phases 4 and 5 of Irans South Pars gas field experiened an increase last year compared with the previous year, Pars Oil and Gas Company. NIOC (Tehran) _June 18_ “The South Pars Gas Complex (SPGC) has an important role in providing the

Iran is about to ink a second gas deal with Iraq, Iranian Oil Minister, Bijan Namdar Zanganeh said. TEHRAN Nov. 2 (NIOC) _ Zanganeh made the remark on Wednesday and he did not divulge details of the new gas deal with Iraq. “We are also looking to sign deals for gas exports to Oman and

Offshore services firm Technip has landed a $1.2billion dollar deal for Tullow’s TEN project off the coast of Ghana. The project, covering the massive development of the Tweneboa, Enyenra and Ntomme fields, will see Technip and partners Subsea 7 providing engineering on 48km of risers, water injection systems, umbilicals and rigid jumpers in water depths

Higher costs and ongoing security problems in Nigeria saw Shell’s third quarter earnings drop 31% compared to last year. The Anglo-Dutch energy giant posted earnings of $4.2billion for the last three months, down almost a third on the $6.2billion posted this time last year. But their figures, on a cost of supply basis, were up