Qatar and Exxon Mobil have agreed to jointly develop the much delayed Barzan gas project at a cost of US$8.6 billion and will supply 1.4 billion cubit feet of gas.
Gas
Iran awards gas contracts worth US$6.5 billion
Iranian officials have announced that the country has awarded new contracts worth US$6.5 billion in the gas sector.
Dana Gas production in Egypt jumps 20 per cent in 2010
Dana Gas says it will retain natural gas exploration concessions in Egypts Nile Delta region after revealing a 20 per cent increase in production in 2010.
Iraq gas deal with Shell to be completed soon
A US$12.5 billion agreement between Iraq, Royal Dutch Shell and Mitsubishi Corp. for the capture of flared-off natural gas in Iraqs oil fields in the south will hopefully be signed in January 2011.
Gas contracts worth US$1.2 billion awarded by Gasco
Abu Dhabi Gas Industries (Gasco), which is a subsidiary of Abu Dhabi National Oil Co (Adnoc), awarded two contracts valued at US$1.2 billion to the Italian unit of French oilfield firm Technip and Dodsal India.