Iran’s oil production rose by 220,000 bpd to a four-year high of 3.22 mn bpd in February following the mid-January lifting of sanctions, the IEA reports
Iran sees production and exports rise post-sanctions
Exploration & Production
Oman’s crude oil production on the rise
Oman’s average daily production of crude oil and condensates during February 2016 was 1,013,713 barrels, a 0.72 per cent increase from January
Eni starts three new generation plants in Iraq’s Zubair field
Eni and Kogas have completed three new generation plants for oil, gas and water treatment in the Zubair oilfield, southern Iraq, which will be crucial to boosting Iraq’s oil production, according to Eni
Iraq was second largest contributor to global liquids supply growth in 2015
Iraq was the second largest contributor to the growth in global oil supply in 2015, behind only the USA, according to the U.S. Energy Information Administration (EIA)
‘Iran needs US$200bn in oil investments’
Iran needs US$200bn investment to develop its oil industry by 2020, said oil minister Bijan Namdar Zanganeh, adding that the country must attract foreign investors
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