Exploration & Production

Iran and China sign US$1.76 billion deal

IRAN AND CHINA have signed a US$1.76 billion deal for the initial development of Iran's North Azadegan oilfield, Iran's official IRNA news agency has reported. The deal was signed between the China National Petroleum Corp. and the National Iranian Oil Co.

Hits: 6606

Read more ...

Tax break sees Kazakh production resume

ARAWAK HAS RESUMED oil production at its four operated fields in Kazakhstan. Arawak announced on December 5, 2008 that it had curtailed production at the fields following a significant deterioration in margins owing to high taxation and a material decline in world oil prices.

Hits: 6421

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?