Offshore Workers Call off Strike After New Pay Deal

Offshore workers have decided to call-off the earlier planned strike in agreement to the newly proposed payment plan from management. According to the Unite,  members working for Aker Solutions on the Mariner oil platform had voted in favour of the deal. Over 68% of Aker solution workers of an 88% turnout had accepted a new

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South Pars is the world’s single largest natural gas field, which is being developed in several phases

China to expand energy footprint in Iran

The next episode of friction between Beijing and Washington could be staged in Iran, where a top Chinese energy firm, defying latest U.S. sanctions, is likely to expand its stake in a giant Iranian gas field. China National Petroleum Corporation (CNPC), the world’s third-largest oil and gas firm, has replaced Total, the French energy giant,

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Petrofac was previously awarded a contract in 2011

Petrofac awarded EPC contract from Basra Oil Company

Petrofac has been awarded an Energy Performance Certificate with a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the central processing facility (CPF), located in the Majnoon field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum EPC project scope of work includes two oil processing trains, able

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India opens bidding for $14.46bn oil and gas reserves

The Government of India has opened a second phase of Discovered Small Field Policy (DSFC) bid worth Rs1tn ($14.46bn) and targeting over 25 discovered oil and gas reserves. The bidding round has been launched by the Union Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan  and will kick-off next

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Uganda to start Importing Gas from Tanzania

Uganda has started negotiations with Tanzania on importing natural gas that will be used as a reducing agent in steel and iron manufacturing.  The minister for the Energy minister,Ms Irene Muloni, told Parliament’s Natural Resources Committee that discussions about depending on Tanzania for gas are still on-going. “Maybe as we build the pipeline for crude

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