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.
Exploration & Production
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.
Abu Dhabi finishes oil pipeline
Abu Dhabi finished construction of a pipeline that runs across the emirate and will transport large quantities of crude from the countrys oilfields directly to the coast.
Libyan oilfields face production cut
The continuing unrest in Libya has resulted in production at Libyan oilfields being cut by more than half according to the IEA.
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