News / International
Bahrain’s Bapco in Talks on Sitra Expansion Bids
Bahrain Petroleum Company (Bapco) has started negotiations with international contractors to clarify bids to expand the Sitra oil refinery. The refinery's capacity is expected to reach 360,000b/d after extension.
Libya’s Biggest Oil Field Continues Production
Libya’s biggest oil Field continued production after a week of suspension at Sharara. Crude production bounced back to about 660,000b/d.
Iraq to Triple Natural Gas Production
Iraq's production will have a triple increase to be 1.7bcf/d of natural gas.
Hyperdynamics Executes Guinea Farm-out Agreement with SAPETRO
SCS Corp., a subsidiary of Hyperdynamics Corp., and Sapetro executed a farm-out agreement stating that Sapetro will receive a 50% participating interest in SCS Corp’s block in Guinea.
Jordan Signed New Petroleum Agreements
On the Sidelines of the third Jordan International Energy Summit, Jordon signed 7 new energy agreements.
Oman Strikes Oil and Gas Discoveries in Block 60
OOCEP has announced three significant oil and natural gas discoveries in Block 60.
Nigeria Reduces 26% of Gas Flaring
Nigeria's gas-flaring rates dropped from 36% in 2006 to 10% in 2016, pushing the country down from the second position as the highest gas-flaring nation to the seventh.
Nigeria: Lekoil and GE Collaboration
Lekoil Ltd signed a memorandum of understanding with GE Electric Co. to develop a work program for the Ogo field in OPL310 offshore Nigeria.
