News / International
Iraq West Qurna 2 output seen at 500,000 bpd in 2014
Production at Iraq's West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq's oil minister said on Wednesday, as drilling of the first oil well began. Statoil says finds partner for Mozambican blocks
Norwegian oil and gas producer Statoil has found a partner to take a 25 percent stake in its two Mozambican blocks where drilling will start next year, an official said on Wednesday. Saudi Aramco and KACST Ink Deal for High-Tech Venture
A new joint venture between two major companies in technology and oil sectors has been established to set up a sophisticated center for conducting nondestructive tests in the oil sector. Eni, Afren strike out with Nunya-1X probe
Italy's Eni and London-listed Afren have struck out with their Nunya-1X exploration well off Ghana proving water-bearing. Angola LNG exports to start in June
Angola LNG is to start regular exports of LNG in late June after shipping tests next month and will target non-US buyers in Europe and Asia where prices are higher, oil minister Jose Botelho de Vasconcelos said on Tuesday. Rosneft and Eni Join Forces to Explore Fields in the Barents and Black Seas
Rosneft and Eni signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft's participation in Eni's international projects. Halliburton Files Protest Against BP Oil Spill Settlement
Halliburton Co. objects to BP PLC's proposed $7.8 billion settlement with individual plaintiffs for the oil giant's involvement in the Deepwater Horizon oil rig disaster, according to court documents filed Wednesday. Three Malaysia wells for Newfield
US independent Newfield Exploration said it plans to drill three offshore exploration wells this year in Malaysia where its net oil production is at a record-high 30,000 barrels per day. 
