Lukoil has announced that it started drilling operations in the West Qurna-2 oil field near Basra.

Thamer Ghadhban, a top Iraqi energy advisor, has said that three oilfields in Southern Iraq - Qurna Phase 1 , Rumaila, Zubair - will see an investment of around US$100 billion from various international oil companies for upgradation.

The sale of the first commercial shipment of base oil from the Pearl gas-to-liquids (GTL) plant was completed, according to Qatar Petroleum (QP) and Shell.

Adma-Opco awarded Fluor Corporation a front-end engineering and design (Feed) contract to develop new offshore facilities in Abu Dhabi.

TAQA has made a strategic investment by purchasing 74mn common shares of WesternZagros worth US$ 45.7mn through private placement which gives TAQA 19.9per cent stake in the company.