The US will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, according to the annual oil market forecast by the International Energy Agency (IEA)
Exploration & Production
Oman’s Ministry signs exploration deal with Occidental Petroleum
The Oman Ministry of Oil and Gas has signed an agreement with Houston-headquartered Occidental Petroleum
Mubadala Petroleum signs production sharing contract in Thailand
Abu Dhabi’s Mubadala Petroleum has announced that it has signed a Production Sharing Contract (PSC) with its partner PTTEP Energy Development Company Limited (PTTEP ED) for offshore Block G1/61 containing the Erawan gas field in Thailand
Eni awarded two exploration blocks onshore Egypt
Eni has announced that the Egyptian authorities have granted the company two exploration blocks onshore Egypt
SDX expands presence in Morocco
SDX Energy Inc, the North Africa focused oil and gas company, has announced that it has won additional licenses in Morocco, Moulay Bouchta Ouest and Lalla Mimouna Sud, to increase its presence in the country
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