Eni plans to start digging early next year in the ‘super giant’ gas field it recently discovered offshore Egypt
Eni to start digging offshore Egypt in January 2016
Exploration & Production
New Age subsidiary to begin drilling wells onshore KRI
Gas Plus Khalakan (GPK), a 75 per cent-owned subsidiary of New Age, will soon commence development drilling on three wells at Shewashan oilfield in Kurdistan Region of Iraq in order to bring them onstream in 2016
‘Iran to raise oil output at any cost to defend market share’
Iran has announced that it plans to raise oil production “at any cost” to defend the country’s market share and has joined calls for an emergency OPEC meeting to help shore up crude prices
Circle Oil granted licence extension offshore Tunisia
Circle Oil has announced that its exploration permit offshore Mahdia Block has been approved by Tunisian authorities
Iran plans US$2.2bn oilfield development
Iran has outlined a US$2.2bn plan to develop a field shared with Iraq to produce 50,000 bpd, an official source said, marking the first introduction of major energy projects under a new contract
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