Russias Lukoil signed a US$1 billion oilfield service contract with Samsung Engineering on its West Qurna Phase Two oilfield.
Exploration & Production
DNO finds oil in Tawke well in Northern Iraq
DNO International announced the test results from its just-complete Tawke-16 well in the Kurdistan Region of Iraq that saw oil flow at over 25,000 bpd.
Wintershall remains committed to post-Gaddafi Libya
German oil and gas company Wintershall has restated its commitment to post-Gaddafi development in Libya as it looks to ramp its oil production in the country back up to pre-revolution levels
Hout oil field contracts awarded
McDermott International and Daewoo Engineering and Construction have reportedly signed contracts to build facilities to recover gas from Hout oil field, according to industry sources.
Gazprom Neft reactivates third Badra well in Iraq
Gazprom Neft announced that it had reactivated its third well, Bd1, at the Badra field located in Wassit Province in Eastern Iraq.
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