Iraq has begun its fourth energy bidding round for exploration deals on 12 new oil and gas blocks around the country following previous government delays to the process
Exploration & Production
Saudi Aramco oil output increased in 2011
Saudi Aramcos crude oil output in 2011 increased to 9.1 million barrels per day (bpd), up from 7.9 million a year earlier, the oil giants 2011 annual review has revealed
Heritage Oil celebrates successful drilling of Miran West-3 well
Heritage Oil has announced the successful completion of drilling and testing at the Miran West-3 well in Iraqi Kurdistan
Genel to acquire new acreage in Iraqi Kurdistan
Genel Energy will spend US$175 million to acquire a 23 per cent stake in the Bina Bawi exploration licence in Iraqi Kurdistan as it looks to expand its growing presence in the region
Iraq oil production set to surpass Iran
Iraqs oil production has surpassed three million bpd as the country prepares to overtake Iranian production by the end of the year
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