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ADNOC launches six historic oil and gas licencing opportunities Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO outlines the new licencing opportunities.

ADNOC launches six historic oil and gas licencing opportunities

Major onshore and offshore blocks across the emirate opened for new competitive bidding round.

 •   333 Emiratis graduate from ADNOC’s Drilling Training Centre
 •   ADNOC Distribution holds first AGM, approves $200mn in dividend
 •   OMV suggests offshore deal with ADNOC close


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BP to develop second phase of Oman’s giant Khazzan gas field

BP to develop second phase of Oman’s giant Khazzan gas field

Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic feet per day of gas.
 
Iraq to speed up oil contract bidding process

Iraq to speed up oil contract bidding process

Oil Ministry to decide upon awarding new blocks within the next few weeks as key dates are brought forward.
 
Shell to sell its stake in Iraq’s West Qurna 1 oilfield to Itochu Corporation

Shell to sell its stake in Iraq’s West Qurna 1 oilfield to Itochu Corporation

Shell divests entire holding at Iraqi oilfield but other stakes in the country are unaffected.
 
Crescent Petroleum and Dana Gas to increase gas production from Khor Mor Field

Crescent Petroleum and Dana Gas to increase gas production from Khor Mor Field

10 year gas sales agreement has been signed between Pearl Petroleum and the Kurdistan Regional Government.
 

 

Russian firm strikes $740mn oilfields deal with Iran

Russian firm strikes $740mn oilfields deal with Iran

State controlled Zarubezhneft takes a majority stake in venture that will see output raised in two Iranian oilfields.
 
Meethaq, HCF sign financing deal for Oman project

Meethaq, HCF sign financing deal for Oman project

HCF plans to increase production at Oman’s Block 7 following deal agreement.
 
L&T Hydrocarbon Engineering wins $342mn Abu Dhabi EPC contract

L&T Hydrocarbon Engineering wins $342mn Abu Dhabi EPC contract

The scope of the contract includes EPC, and commissioning of flow lines, gathering facilities and pipelines to transfer crude oil and gas from Haliba fields to processing facility at Asab and installation of overhead electrical transmission lines.    2 Comments
 
Iraq asks BP to aid production spike

Iraq asks BP to aid production spike

Recaptured Kirkuk fields offer production opportunities for Iraqi government.
 
Crescent to ramp up Iraq gas output

Crescent to ramp up Iraq gas output

Middle East's largest private oil and gas firm outlines expansion plans.
 
Iraq set to develop Majnoon field

Iraq set to develop Majnoon field

Major Iraqi oilfield set to almost double production.
 
KPC eyes $500bn investment

KPC eyes $500bn investment

KPC plans to increase upstream and downstream capabilities.
 
ADNOC announces Murban crude cut

ADNOC announces Murban crude cut

ADNOC scales back production to support OPEC and non-OPEC strategy.
 
BP signs Kirkuk agreement

BP signs Kirkuk agreement

International oil major BP has penned a deal to increase production at Iraq's Kirkuk field to 700,000 bpd.
 
Jacobs lands Khazzan EPCM deal

Jacobs lands Khazzan EPCM deal

Texas based firm secures engineering, procurement and construction management deal for major onshore Omani gas project.
 
Near record crude exports continue from southern Iraq

Near record crude exports continue from southern Iraq

As Opec members look to maintain oil production cutbacks, Iraq’s southern port of Basra is shipping record levels of crude.
 




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