Iraqs Ministry of Oil has initialled a contract with a consortium headed by Kuwait Energy for exploration, development and production rights over Block 9
Iraq and Kuwait Energy-led consortium initial Basra exploration deal
Exploration & Production
Baker Hughes reveals increase in Middle East rig count for June
Oilfield service company Baker Hughes’s June 2012 rig count has revealed that the total number of rigs across the Middle East region rose from 319 rigs in May to 400 last month
CGGVeritas land crew to return to Algeria
CGGVeritas has announced that it is set to resume land seismic acquisition operations in Algeria after being awarded a 3D vibroseis survey in the country by Groupement Timimoun (GTIM)
Oil reserves discovered in Iran
Iranian oil minister Rostam Qasemi has said that oil reserves of up to six billion barrels have been discovered around the Yadavaran oilfield in Khuzestan province in southwest Iran
DNO completes testing of Peshkabir well
Norwegian oil and gas company DNO International has announced that testing of its Peshkabir-1 well, located west of Tawke field in the Kurdistan region of Iraq, has struck oil
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