Exploration & Production

Oil exports in Iraq rebound in October

oil_barrelIraq's oil exports rebounded in October after a sharp drop in September, but remained lower than previous months, government figures showed.

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Yemen creates new E&P firm

off-shore-rigThe Yemeni government agreed to establish the Masila Company for Petroleum Exploration and Production (PetroMasila) at block 14 in Masila area, Hadramout province.

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Libya producing 600,000 bpd of crude oil - NOC

Libya_NOCThe chairman of the Libyan National Oil Company (NOC), Nuri Berruein, stated that Libya is producing 600,000 bpd of crude oil. Out of this, he said that 140,000 b/d are going to refineries and the remainder is exported.

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ExxonMobil signs exploration deal with Iraqi Kurdistan

ExxonMobil_KurdistanThe recent deal signed between ExxonMobil and the Kurdistan Regional Government (KRG) has caused a political storm with the Iraqi government threatening to pull the oil major's current contracts in Southern Iraq.

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Lamprell wins jackup rig order from Jindal

Lamprell-Hamriyah-Facility_

Lamprell has won a new contract award from Jindal for the construction and delivery of a completely outfitted and equipped LeTourneau designed jackup rig.

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