Oil and Gas

Qatar plans to increase its LNG production capacity to 142 million tons per year.

Some market analysts suggest that a lack of investor interest could be a determining factor.

The Likembe-01 well reached a final depth of 3,013 meters, crossing Miocene formations and confirming the presence of oil.

The quality of the gas used is high, with a calibrated meter showing almost 99% methane and only 1% nitrogen.

Iraq is seeking to increase its local production of petrochemicals and reduce its dependence on gas imports from Iran.

The Posh Xanadu oil platform has a capacity for 700 people.

Real-time cut verification technology reduced cut times by 50%.

Natural gas accounts for 27% of Australia’s energy market and 14% of the country’s export earnings.

The total oil production capacity of the Polvo FPSO after its refurbishment will be 65,000 barrels per day.