A consortium led by Lukoil Holdings has initialled a contract with Iraqs Ministry of Oil for exploration, development and production rights over Block 10, which is located 120km west of Basra in Di-Kar and Mutannah provinces
Swedish energy company Tethys Oil has discovered three new oil bearing blocks in Farha South field on Block 3 onshore Oman
Chevron has announced that it will acquire Reliance Exploration & Production’s 80 per cent share of two oil blocks in the Kurdistan Region of Iraq
Norwegian oil firm DNO International has announced that results from initial flow tests of West Bukha-5 well in Oman has shown the presence of oil in the Thamama reservoir
E.ON Exploration & Production and state-owned Sonatrach have made an oil and gas discovery in the Rhourde Yacoub license area in Algeria
