oilfields

  • Iraq, Kuwait to Appoint ERCE for Joint Oilfield Study

    Iraq, Kuwait to Appoint ERCE for Joint Oilfield Study

    Thursday, 1st August 2019

    Iraq and Kuwait have reportedly agreed to appoint ERCE to prepare a study for the development of joint border oilfields.

  • Total to Invest in the UAE

    Total to Invest in the UAE

    Tuesday, 15th November 2016
    Total will continue investing in the UAE, as it has plans to be part of offshore concessions of Abu Dhabi Marine Operating Company (Adma-Opco) .
  • Iran to Develop 4 Oil Fields

    Iran to Develop 4 Oil Fields

    Tuesday, 1st November 2016
    The National Iranian South Oil Company will develop four oilfields, Parsi, Karanj, Rag Sefid, and Shadgan, which include nine reserves, in accordance with its new contract model which is expected to extend up to five years per agreement, with no ceiling for investments.
  • Iraq’s Basrah Gas Company Doubles Gas Production

    Iraq’s Basrah Gas Company Doubles Gas Production

    Sunday, 28th February 2016
    Iraq’s Basrah Gas Company (BGC) doubled the amount of gas that was processed from three flaring oilfields in Iraq since it started operating in 2013, in attempt to further increase its production rates.
  • Iraq Seeking Foreign Investments to Increase its Oil Output

    Iraq Seeking Foreign Investments to Increase its Oil Output

    Tuesday, 29th December 2015
    Iraq's state-run South Oil Co. (SOC) has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar Integrated South Project to boost infrastructure that will allow to increase output from its smaller southern oilfields.
  • UAE Still Expanding, but Optimizing Offshore Investments

    UAE Still Expanding, but Optimizing Offshore Investments

    Wednesday, 11th November 2015
    The inaugural Adipec Offshore and Marine Conference, produced and managed by dmg events, kicked off on November 9 in a purpose-built dedicated waterside theatre, the first-of-its-kind in the region.
  • Last Syrian Oil Stronghold Falls to ISIS

    Last Syrian Oil Stronghold Falls to ISIS

    Tuesday, 8th September 2015
    Reuters reported that Islamic State fighters have captured the Jazal field in Syria from government forces, citing the Britain-based Syrian Observatory for Human Rights.
  • Kuwait Oilfield Discoveries Announced After Two-Year Delay

    Kuwait Oilfield Discoveries Announced After Two-Year Delay

    Monday, 20th April 2015
    Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday.
  • China Offshore Corp’s Qinhuangdao Begins Production

    China Offshore Corp’s Qinhuangdao Begins Production

    Tuesday, 10th March 2015
    CNOOC Limited has announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production.
  • Libya To Boost Production to 180,000 b/d From Sarir, Messla Fields

    Libya To Boost Production to 180,000 b/d From Sarir, Messla Fields

    Thursday, 26th February 2015
    Libya aims to boost production at the southeastern Sarir and Messla oilfields feeding the Hariga terminal to 180,000 barrels a day, a spokesman for the state operator said on Wednesday.