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Oil Review Middle East ORME

Libya producing 600,000 bpd of crude oil - NOC

The chairman of the Libyan National Oil Company (NOC), Nuri Berruein, stated that Libya is producing 600,000 bpd of crude oil. Out of this, he said that 140,000 b/d are going to refineries and the remainder is exported.

ExxonMobil signs exploration deal with Iraqi Kurdistan

The recent deal signed between ExxonMobil and the Kurdistan Regional Government (KRG) has caused a political storm with the Iraqi government threatening to pull the oil majors current contracts in Southern Iraq.

Lamprell wins jackup rig order from Jindal

Lamprell has won a new contract award from Jindal for the construction and delivery of a completely outfitted and equipped LeTourneau designed jackup rig.

Libyan oil exports to hit 350,000 bpd in November

Libyas oil exports are expected to reach almost 350,000 bpd on average during November, according to expectations by the National Oil Corporation (NOC).

Lamprell opens Hamriyah facility to cap a successful year

Lamprell officially opened its main facility in Hamriyah Free Zone, Sharjah that helps cap a really strong year for the energy Group which has expanded its reach and capabilities.