KBR looks at refining opportunities - An exclusive
Khaled Abu-Nasrah, President, KBR, Middle East Region spoke to Oil Review Middle East about the main opportunities for KBRs refining technologies.
E&P
Shahd field production levels increased
Kuwait Energy announced a significant increase in production from the Shahd SE field in Egypt following the successful drilling of the appraisal well Shahd SE-5.
Petrofac wins Iraqi oil field contract
Iraq and an international consortium led by Russias Gazprom Neft have awarded Petrofac a US$329.7mn deal to develop the untapped Badra oil field, according to government spokesman Ali Al Dabbagh .
PDO production levels soared in 2011
PDOs 2011 production reached the second highest level in its history with production levels hitting 1,206,000 barrels oil equivalent per day (boe/d).
Eni’s production in Libya recovers
Italys Eni reported its 2011 net profit rose 9.1 per cent to US$9 billion thanks to higher oil prices and faster recovery of its Libyan output.
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