UAE oil export pipeline to be ready in six months
UAE Oil Minister Mohamed Bin Dhaen Al Hamli stated that the oil pipeline that will allow the country to export oil via Fujairah should be operational within six months.
UAE Oil Minister Mohamed Bin Dhaen Al Hamli stated that the oil pipeline that will allow the country to export oil via Fujairah should be operational within six months.
Indias Oil and Natural Gas Corp (ONGC) has awarded National Petroleum Construction Company (NPCC) a US$150.6mn contract for the engineering, procurement and construction (EPC) of Platforms 14 and 16 in the Mumbai High Field.
Irans Oil Ministry awarded Global Petrotech Company a contract to drill two appraisal wells in the South Pars oil layer.
Bahrain Petroleum Company (Bapco) has exceeded its planned crude throughput target for 2011, set at the beginning of the year.
Iraqs oil exports rose by 10,000 bpd in December 2011 to 2.145mn bpd, up from 2.135mn bpd in November, according to new data from the State Oil Marketing Organization (SOMO).