International oil and gas companies will compete for access to another 12 oil and gas projects in Iraq in November, this time to prospect on exploration blocks.
Exploration & Production
MIS Group wins contract
UAE-based MIS Group (Maritime Industrial Services-MIS) has signed a contract with Polish shipbuilding yard CRIST S.A.
Occidental to develop Shah sour gas project
Abu Dhabi has awarded the lead contract to develop the emirates complicated Shah sour gas project to Occidental Petroleum Corp. beating out Exxon Mobil Corp. and Royal Dutch Shell.
EMGS wins exploration deal in Saudi
Electromagnetic Geoservices ASA (EMGS) was awarded an exploration contract in Saudi Arabia, through its agent the Shaoibi Group.
BP exceeds production goal at Iraq’s Rumaila
Production levels at Iraqs Rumaila oilfield has exceeded the 10 per cent increase required for oil-giants BP and Chinas CNPC to start recovering development costs.