oilfield | Egypt Oil & Gas

Iraq to Increase Nasiriya Output to 100,000 b/d

Production at Iraq’s Nasiriya oilfield will be expanded to 100,000 barrels per day (b/d) following a government vote.

Russia to Work on Iranian Oil Fields

Russian oil firms may sign deals with Iran by March 21st which would enable them to work on Iranian oilfields.

Dubai’s Dar Group Acquired 13.35% Stake in WorleyParsons

Dubai-based Dar Group has bought a 13.35% stake in the oilfield services provider WorleyParsons after its takeover bid in 2016 was rejected.

Qatar Navigation to Buy Qatar Petroleum Stakes

Qatar Navigation (Milaha) has reached a preliminary agreement to buy Qatar Petroleum's stake in oilfield services firm Al Shaheen Holding.

Cairn Energy Publishes Positive Well-Test Results Off Senegal

The Edinburgh-based oil explorer, Cairn Energy said it successfully flow-tested the SNE-2 well in the Sangomar Offshore block at a rate of 8,000 barrels a day.

Moves to Compensate Kuwait over Saudi Oilfield Closure

Kuwait has said the continued closure of the Khafji oilfield it shares with Saudi Arabia will create huge losses Riyadh must compensate for in future,

Iran’s Yaran Oilfield May Come Online in April, Says Official

The official in charge of the development plan of Iran's North Yaran oil field says the field will start producing crude oil as of next April.

Iran Taps into Giant Oilfields Shared with Iraq

Iran has accelerated drilling of its largest oilfield which it shares with Iraq in order to catch up with its western neighbor in production

Maersk Oil Shares Fall with New Bidders for Qatar’s Al-Shaheen Oilfield

Qatar Petroleum has invited international oil companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017, a blow to current operator Maersk Oil which had hoped to extend its production sharing ...

Kuwait Awards $4.2 Billion Contract to Develop Lower Fars Oilfield

Kuwait has awarded UAE-based Petrofac International and Greece-based Consolidated Contractors Company (CCC) a $4.2 billion contract to develop Lower Fars heavy oilfield in the north of the country.

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