Wood Mackenzie’s annual review of Norway’s upstream oil and gas sector reveals a largely positive picture. Exploration activity remained strong, capex only declined slightly, and production increased for the fir...
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d. Buseif was appointed head of the Nationa...
Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer. The Al Jahraa-4 oil appr...
Iraq’s crude oil exports reached 2.94 million b/d in December, a new record high, taking the country’s 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear ...
JSC Gazprom Neft said a third well in the Badra field in eastern Iraq has come on production, ensuring “sustainable” rates of at least 15,000 b/d. Drilling of another three wells continues. The field has been in comme...
ConocoPhillips today announced first oil production from the Eldfisk II project in the Norwegian North Sea. “Eldfisk II joins Ekofisk South as the second major project startup in Norway since late 2013,” s...
Oil production in the country has now resumed following the eight-month war. “The National Oil Corporation announced…that the production of crude oil has reached 1.3 million barrels per day,” said a ...