The Ministry of Oil & Gas of Oman and BP have announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and Production. Bob Dudley, BP Group Chief Executive, commented, “The start of production from Khazzan, BP’s sixth and largest major project start-up so far this year, ...

The World Petroleum Congress, known as one of the largest gatherings of the international oil and gas industry, has always been of utmost importance to activists and professionals in this industry. This global event, which includes the two sections of congress and exhibition, is a place for sharing views, expressing policies, and investigating the conditions in different sectors of oil ...

    Four Strategic Global Business Leader Panels Will Feature Oil and Gas Industry’s Most Powerful Decision Makers   CEO Speakers Represent Multinational Oil Majors, National Oil Companies, Oilfield Services and Industry Finance   Abu Dhabi, UAE – 14 August 2017 – Delegates at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will have more opportunities than ever ...

Market-Moving, International Oil and Gas Event is Premier Industry Platform for Minister-to-Global Business Leader Dialogue Record Number of Expert Submissions to Technical Conference; Programme Underlines Abu Dhabi’s Leadership in Energy World Abu Dhabi, UAE – 16 July 2017 – An unprecedented number of opportunities for Minister-to-global business leader strategic dialogue, along with a record number of expert submissions on a ...

TEHRAN, June 24 (Shana) — The managing director of Iranian Oil Terminals Company (IOTC) says Khark Oil Terminal can load up to 8 million barrels per day of oil on vessels now that it has 9 active docks. Khark Oil Terminal covers 95% of Iran’s crude oil exports with 9 active docks, he said. Mousavi also said that Iran exports ...

TEHRAN, Nov. 30 (Shana) – Minister of Petroleum Bijan Zangeneh has taken part in the 171st Ordinary OPEC Meeting which has just started in Vienna. It is the most important OPEC session in the past 40 years. It is also important with respect to the post-JCPOA Iran and its improving economy. Certain regional states are not pleased with such a ...

GULF OF MEXICO (Reuters) – About 300 BP workers commute 150 mi by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. On the deck of Thunder Horse, they work two-week shifts, drink seawater from a desalination plant, and eat ribs ...

LONDON – GE Oil & Gas has signed a long-term agreement to collaborate with Eni East Africa, on the offshore Mozambique developments it operates. The move underlines the company’s commitment to expand its global footprint while supporting local investment in Africa, and re-affirms its leadership in large bore technology and cutting-edge subsea equipment and services. Since 2014, teams from GE ...

MOSCOW (Reuters) – Russia’s largest oil producer Rosneft said on Sunday it had found its first oil field in the Laptev Sea in the eastern Arctic, making a breakthrough in the search for hydrocarbons in the harsh and far-flung region despite Western sanctions. Rosneft and its partners plan to invest 480 billion roubles ($8.4 billion) in developing Russia’s offshore energy ...

Saudi Arabia’s crude exports are expected to fall below 7 million barrels per day this summer, according to industry sources familiar with the matter, and shipping data so far supports those figures. Saudi Energy Minister Khalid al-Falih said in May shipments were set to drop from June, particularly to the United States, as the top OPEC producer aims to limit ...