Iraq has finally signed a preliminary deal with South Koreas KOGAS to develop the Akkaz field in the western province of Anbar, an oil ministry official said.
Petrochemicals
ExxonMobil Chemical and SABIC award contracts for new elastomers project
Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil Chemical announced Front-End Engineering Design (FEED) contracts had been awarded for the proposed new elastomers project at their Al-Jubail Petrochemical Company (KEMYA).
Aramco eyes full output by 2015
Saudi Aramco plans to accelerate the development of its 900,000 barrels-per-day (bpd) Manifa oilfield and reach full capacity by early 2015, an Aramco executive said.
SABIC to build US$1 billion plant in China
Oxy sees Q1 2011 production jump
Occidental Petroleum (Oxy) has seen a rise in oil and gas production which has helped it see profits rise in Q1 2011.
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