The giant state-owned company Saudi Aramco is planning to explore in deeper offshore areas of the Red Sea on a search for new energy treasures in the next two years.
DNO has updated its drilling operations in Blocks 43, 47 & 53 in Yemen and in the Erbil license in Kurdistan, where the Erbil-2 well has tested 200-300 bopd of heavy oil.
Iraq's Oil Ministry has agreed with ExxonMobil and Royal Dutch Shell to set the baseline production level at Iraq's West Qurna Phase One oilfield at 244,000 barrels per day (bpd).
The exploration well OMOC-N-1, drilled in the Onal AEE, has identified a 111-metre column of oil in the Grès du Kissenda. Pump tests have established a flow of 1,700 bpd of oil (flow limited by the pump’s maximum capacity) with an API of 33.4.
Saudi Arabia announced that it would double its supply of crude oil to India to reach 40 million tones a year in a move to help India meet its growing demands.
Algeria's Sonatrach announced a new natural gas discovery at El Kheit Tessekha extension-1 well in the Menzel Ledjmat contract area of the Berkine basin, flowing with a rate of 44.18 million cubic feet per day.
Saudi Aramco has awarded Baker Hughes a two-year contract for two fit-for-purpose underbalanced coiled tubing drilling packages designed to re-enter existing wells in the gas fields of southern Saudi Arabia.