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Oil fields

Kuwait reports discovery of 3 new oil fields

Kuwait Oil Company (KOC) has announced the discovery of three new oil fields in different regions across the country, a media report said. The first discovery was in a field northwest of the country and the second was in Al-Qash&r

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Petrolern gets grant for real-time subsurface monitoring

Petrolern, an Atlanta-based technology company, has been awarded a $1.2 million grant from the US Department of Energy (DOE) to further develop and commercialise its state-of-the-art machine learning-based technology for real-time acquisition,

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Iran, Russia, Turkey in tie-up to develop oil fields

Iran, Russia and Turkey have signed agreement on maintaining trilateral cooperation in developing oil and gas fields, a report said. According to Petroleum Ministry, the agreement was sealed among Ghadir Exploration and Production

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Iran joint oil fields to begin production by year-end

Iran has accelerated the development of joint fields, said a senior official, adding that oil extraction from such projects is expected to begin by the end of this year. Operator of South Yaran Oil Field Development Project Homayo

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Iran signs seven initial oil deals with foreign firms

Iran has signed seven new initial agreements with foreign oil companies, Ali Kardor, managing director of the National Iranian Oil Company (NIOC), was quoted as saying by the oil ministry's news agency Shana on Tuesday.

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Indonesia's Pertamina to study oil projects in Iran

Indonesia's state-owned Pertamina on Monday signed a memorandum of understanding to conduct preliminary studies on two Iranian oilfields, a step closer to the company's first investment in the Middle Eastern country's upstream sector

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Iran set to launch new oil investment contract

The first of Iran's new oil and gas investment contracts for international companies will be launched this summer and will invite bids to develop 10-15 fields, oil minister Bijan Zanganeh was quoted by the Shana news agency as sayin

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Iran set to launch new oil investment contract

The first of Iran's new oil and gas investment contracts for international companies will be launched this summer and will invite bids to develop 10-15 fields, oil minister Bijan Zanganeh was quoted by the Shana news agency as sayin

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Exports from Kuwait-Saudi joint oil fields to resume

Kuwait's Emir has said operations and exports from oil fields jointly operated with Saudi Arabia will resume soon, local media reported on Thursday. "The resumption of operations and exports in joint oil fields will resum

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Exports from Kuwait-Saudi joint oil fields to resume

Kuwait's Emir has said operations and exports from oil fields jointly operated with Saudi Arabia will resume soon, local media reported on Thursday. "The resumption of operations and exports in joint oil fields will resum

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