Iraq delays oil and gas auction again
Iraq has once again delayed an auction for a dozen oil and gas exploration blocks until the end of May, according to a top official.
Iraq has once again delayed an auction for a dozen oil and gas exploration blocks until the end of May, according to a top official.
Total is weeks away from securing oil exploration licenses in the Kurdish region of Iraq, reported the Sunday Times.
The Iraqi government approved a US$998mn oil field service deal awarded to South Koreas Samsung Group by Lukoil to develop the West Qurna Phase Two oil field, according to a government statement.
Kuwait Energy announced a new oil discovery in Egypts Ahmad-1X well, located in the Gulf of Suezs Area A concession.
Circle Oils new Sebou (DRJ)-Kenitra pipeline and associated infrastructure for its Rharb Basin permits in Morocco has been successfully completed within budget.