Shell signs mammoth Iraq gas flaring contract


Shell's long-standing plan to capture and refine gas in southern Iraq has moved a step closer following approval by the country’s state-owned gas company.

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First underground gas storage facility in Iran


National Gas Storage Company (NGSC), a subsidiary of National Iranian Gas Company, has commissioned the country's first underground storage facility at the Sarajeh reservoir near the city of Qom.

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Saudi-Kuwaiti venture receives bids for Hout gas


A Saudi-Kuwaiti oil joint venture received bids for offshore and onshore gas facilities at Hout, one of the oil fields shared by the two OPEC members.

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Iran pushes for first GTL Refinery


Iran will build the country's first gas-to-liquid (GTL) refinery for converting natural gas to gasoline according to deputy minister of industries and mines.

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BP to invest in Oman’s gas Block 61


BP Oman has completed an extended well testing (EWT) programme of the gas-rich Block 61 concession in Northern Oman with the oil giant estimating that it will invest up to US$15 billion in the field.

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