Tag: oil fields
Iran claims to discover 53 billion barrels in new oil reserves
(Bloomberg) --Iran discovered an oil field containing the equivalent of 53 billion barrels, potentially boosting its reserves as the OPEC member struggles to overcome...
Oman finalising development plans for sixth heavy oil block
Oman is currently finalising development plans for Habhab oil field and is looking at potential investors, according to HE Salim bin Nasser al Aufi,...