Iran aims to boost the nominal output capacity from the oil block by 40,000b/d from the present 320,000b/d, according to Petroleum Engineering and Development Company’s (PEDEC) Managing Director, Noureddine Shahnaziz ...
The National Oil Corporation’s (NOC) Member, Jadallah Al-Okli, said Libya’s oil output has healed after days of power outages and several logistic hurdles that led to its drop recently.