Iraq and BP havent yet reached an agreement on reimbursement of costs to build a multi-billion-dollar oil field water injection scheme in southern Iraq, a senior Iraqi oil ministrys official has said.
Exploration & Production
Technip wins US$500mn Satah field development project contract
Reliance pulls out of Omani offshore oil project
Indias Reliance Industries has decided to drop out of plans to develop an offshore oil exploration block in Oman six years after signing a production sharing agreement with the government.
Iraq's oil exports fall in July
Iraq’s oil ministry said that the country’s oil exports in July compared to the previous month but oil revenues increased as average crude prices rose.
Kuwait Energy makes two oil finds in Egypt
Kuwait Energy Company KSCC (Kuwait Energy) made two oil discoveries in the GPZZ-4 and Al Ahmadi-1 wells located in the Abu Sennan concession in the Western Desert, Egypt.
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