Page 17 - MEOG Week 38

MEOG NEWS IN BRIEF MEOG

COMPANIES Industry, Islamic Azad University, Ferdowsi Kopal field to Sharif University of Technology,
University of Mashhad, Science and Mansouri field to Shiraz University,
Iraq protesters shut down Technology University, Shahid Chamran Gachsaran field to the University of Petroleum
Industry and Bibi Hakimeh Field to the EOR
University of Ahvaz, Isfahan University of
Dhi Qar oil company Technology, Persian Gulf University and the Research Institute of RIPI.
So far, in EOR studies the field of oil and
Research Institute of Petroleum Industry
Protesters in southern Iraq yesterday closed (RIPI). gas, 22 major research contracts with a total
the Dhi Qar oil company and prevented These contracts were signed in value of Rls. 10,090 billion and €49 million
employees from entering the building, continuation of the technological has been signed between the National Iranian
Anadolu news agency reported. development path of oil reservoirs, which Oil Company and 13 universities and research
The agency quoted eyewitnesses as saying had kicked off since 2013 with the interaction centres in the country.
that the protesters burned tyres, and set up between the National Iranian Oil Company NIOC
roadblocks on the main street leading to the and the country’s universities and research
company’s entrance to demand employment centres to study strategies to enhance oil
opportunities for locals in oil installations in recovery in 9 oilfields. So far, studies for OIL
the province. enhanced oil recovery for 22 fields have been
Following the outbreak of the coronavirus assigned to the universities and research Iraq tops India’s July crude
pandemic and the subsequent drop in global centres of the country.
oil prices, Iraq has been forced into deeper Based on the contracts signed today, supplies
financial woes. the studies of Yadavaran oil field have
The lockdowns which have resulted from been awarded to the University of Tehran, Iraq was India’s top crude supplier in July,
the virus has also increased unemployment. South Pars gas field to Sharif University accounting for 20% of the country’s total
The country has also been experiencing of Technology, Alvand field to Amirkabir crude imports of 3.89mn bpd followed by
nationwide anti-corruption protests. University of Technology, Rag Sefid field to Saudi Arabia with 16%.
MEMO the Research Institute of Petroleum Industry Iraq’s share fell by less than a percentage
(RIPI), Masjed Soleiman field to Sahand point from a year earlier, while Saudi Arabia’s
NIOC signs major research University of Tabriz, Esfand field to Shiraz share dropped by seven percentage points
because of its more expensive supplies.
University, Forouzan field to the University
deal of Petroleum Industry, Khesht field to compared with 786,000 bpd a year earlier,
Iraq supplied 796,000 bpd in July
the Islamic Azad University (Science and
The National Iranian Oil Company (NIOC) Research Branch), Binak field to Ferdowsi while Saudi Arabia shipped 640,000 bpd from
has signed 13 major oil and gas extraction University of Mashhad, Doroud field to the 856,000 bpd a year earlier, according to latest
research contracts worth a total of €35 University of Science and Technology, Tang- customs data that uses landed and cleared
million and Rls. 7,160 billion with 13 Iranian Bijar field to Shahid Chamran University of cargo arrivals. This compared with an average
universities and research centres. Ahvaz, Maroon field to Isfahan University 824,000 bpd shipped by Iraq in the April-June
The documents were signed on Monday, of Technology and Nowruz field has been quarter and 696,000 bpd by Saudi Arabia.
September 21, 2020, in a ceremony held in assigned to the Persian Gulf University. The UAE was India’s third-largest crude
the presence of Iranian Minister of Petroleum Earlier in the first step of this technological supplier in July at 563,000 bpd compared with
Bijan Zangeneh in Tehran. interaction, studies on enhanced oil recovery 250,000 bpd a year earlier and 327,000 bpd
Accordingly, National Iranian Oil of Azadegan field were awarded to the during April-June. US supplies saw the largest
Company signed the research contracts Petroleum Engineering Institute of Tehran gains in July, eating into India’s traditional
with Tehran University, Sharif University University, Darkhovin oil field to Amirkabir Middle East suppliers. The US was the
of Technology, Amirkabir University of University, Soroush oil field to Sahand fourth-largest supplier at 411,000 bpd in July
Technology, Sahand Tabriz University, Shiraz University of Tabriz, Ahvaz field to RIPI, from just 52,000 bpd a year earlier and from
University, the University of Petroelum Karanj field to the Islamic Azad University, 183,000 bpd for April-June.
Russian supplies rose to 125,000 bpd in
July from 84,000 bpd a year earlier and from
55,000 bpd during April-June.
Venezuelan imports dropped to zero from
253,000 bpd a year earlier after Indian private-
sector refiner Reliance Industries and Russian-
controlled Rosneft’s Nayara Energy stopped
accepting Venezuelan oil in deference to US
sanctions. It had supplied 98,000 bpd during
April-June.
Supplies from Nigeria, a supplier of sweet
grades, plunged to 180,000 bpd from 331,000
bpd a year earlier and 273,000 bpd in April-
June.
ARGUS

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