Kuwait Energy reports 15 per cent increase in revenue
Kuwait Energy has reported a 15 per cent increase in revenue for Q2 2012 compared with the corresponding period last year
E&P
Technip-NPCC consortium awarded Upper Zakum field deal
French oil services group Technip, in a consortium with National Petroleum Construction Company (NPCC), has been awarded a contract on the Upper Zakum Project in Abu Dhabi by Zakum Development Company (ZADCO)
Total joins Marathon in Iraqi exploration blocks
Total SA has joined Marathon Oil Corporation in two blocks in the Kurdistan Region of Iraq after it acquired a 35 per cent working (43.75 per cent paying) interest in the Harir and Safen blocks
Chinese oil firm pulls out of Iranian offshore gas field
China National Petroleum Corp (CNPC) has withdrawn from developing Phase 11 of the South Pars gas field, offshore Iran, following a host of delays on the project
PetroChina obtains 40 per cent interest in Qatar’s Block 4
Qatar Petroleum (QP) has signed an agreement authorising PetroChina Investment to acquire 40 per cent of the exploration and production rights to Qatar’s Block 4 Exploration and Production Sharing Agreement (EPSA) from GDF Suez Exploration Qatar
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