Tag: fields
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A shocking surprise about the British oil fields in the North Sea
Once again, the controversy over the British oil fields in the North Sea, which is awaiting a new licensing round for oil and gas exploration after it stopped in 2020, is back. Offshore Energy UK, which represents Britain’s offshore oil and gas industry, revealed a shocking revelation about 10 British oil fields in the North…
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He went to invest the gas fields in Iraq to support the power stations
As part of the ongoing efforts to solve the electricity crisis, the gas fields in Iraq are witnessing a government tendency to invest in them and support the continuity of their work. In joint statements, Iraqi Oil Minister Hayan Abdul-Ghani and Electricity Minister Ziyad Ali Fadel confirmed today, Wednesday, March 22, 2023, the directives of…
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The closure of one of the largest oil fields in the North Sea due to exceptional taxes
Canada’s Canadian Natural Resources International has decided to shut down the Ninian field, one of the largest oil fields in the North Sea, given difficult market conditions, due to high natural gas production costs, unexpected taxes and lower UK business prospects. The company is working to “accelerate the abandonment” of its two remaining Ninian South…
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Iraq aims to achieve revenues of $300 billion from developing border oil fields
Iraq aims to achieve revenues of about 300 billion dollars as a result of the development of border oil fields, whose contracts were signed today, Tuesday, with a number of oil companies. The signing of contracts for 6 projects in the governorates of Basra and Diyala comes as part of Iraq’s plans to increase production…
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Profits of “marine dredging” rise 30% by supporting its operations in the fields of ADNOC and Aramco
The UAE Marine Dredging Company achieved strong business results during the past year (2022), supported by the expansion of its operations and projects in a number of oil and gas fields in the region, led by Saudi Aramco and UAE ADNOC projects. The Emirati group, which is active in providing oil and gas field services,…
