Iran to Develop 4 Oil Fields
Tuesday, 1st November 2016
The National Iranian South Oil Company will develop four oilfields, Parsi, Karanj, Rag Sefid, and Shadgan, which include nine reserves, in accordance with its new contract model which is expected to extend up to five years per agreement, with no ceiling for investments.
Eni, BP Upgraded Baltim Field to 1tcf Gas Production
Sunday, 25th September 2016
Italian Eni and UK's BP upgraded the potential production of Baltim South West field in Egypt, to be 1tcf of gas, after the results of the Baltim South West 2X appraisal well that was drilled after the successful drilling of the discovery well Baltim South West 1X, .