Posts Tagged ‘production sharing contracts (PSC)’

OPEC+ Agreement to Speed up Market Dichotomy

On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).

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Brunei Shell Petroleum evaluates options for Geronggong development

Shell to compare FPSO with tie-back on Gumusut The Netherlands-based major company Shell is investigating through its joint […]

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One Day – One Country: Iraq

Iraq Key Projects and Business Highligfhts  In 2012, Iraq has been the theater of strategic step changes for […]

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Genel Energy in brief

A new force in Exploration and Production On September 2011, Genel Energy (Genel) appeared as a new company […]

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Cyprus awards offshore licenses on Aphrodite gas field

Eni, Total, Kogas and Novatek win exploration blocks On October 30th, Cyprus announced to award four permits out […]

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Petronas to call for bid on Gharraf Gas Treatment Plant in October

Petronas and Japex move on Iraq Gharraf phase 1 The Malaysian national oil company, Petronas, Japan Petroleum Exploration […]

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BP and Reliance to spend $1 billion into KG-D6 Block

Reliance and BP in upstream and midstream Alliance On August 7th, 2012, BP and Reliance Industries Ltd (RIL) […]

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