Turkey to Begin Mediterranean Drilling
Turkey plans to begin exploratory drilling for oil and natural gas in the Mediterranean Sea early next year.
Turkey plans to begin exploratory drilling for oil and natural gas in the Mediterranean Sea early next year.
Saudi Aramco has retained Citi to oversee a $2 billion loan backed by UK Export Finance (UKEF).
Libya’s pipeline exports of natural gas to Italy were temporary halted by a technical glitch.
Iraq plans to use drones to protect its oil pipelines beginning next year.
Production has begun at Algeria’s Reggane Nord natural gas field.
The government will receive at 55% of natural gas revenues from discoveries made off the Lebanese coast, the Minister of Energy and Water, Cesar Abi Khalil, said.
Iraq has begun reconstruction efforts on the Baiji Refinery.
Iran’s Qeshm Gas Condensate Refinery will begin operations in January.
Saudi Aramco signed a memorandum of understand (MoU) with Schlumberger valued at $1.6 billion.
Iraq will offer up to four million barrels of crude in a Platt’s auction this week.