State-owned energy company Sonatrach has stated that Algeria’s oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at existing fields
Exploration & Production
Amec Foster Wheeler awarded BP Iraq contract
Amec Foster Wheeler has been awarded a three-year framework agreement to support BP plans to sustain and grow production at the Rumaila oil field in Iraq
OPEC crude output drops but Middle East gains ground
Output from OPEC member Iran rose by 80,000 bpd to reach 3.64mn bpd in May 2016 – a level last pumped in June 2011 before the imposition of more rigorous sanctions
Chariot Oil & Gas wins offshore exploration permits in Morocco
Chariot Oil & Gas has been awarded a 75 per cent interest and operatorship of Mohammedia offshore exploration Permits I-III in Morocco
BP and Eni make another gas discovery offshore Egypt
BP Egypt and Eni have announced another important gas discovery in the Baltim South Development Lease in the East Nile Delta, offshore Egypt