Oil exports from Iraq’s southern ports have averaged 3.162mn bpd in June 2016, down slightly from May due to maintenance work and rising demand for fuel oil used in power generation, according to state-owned South Oil Company (SOC) official
Total has been granted a 30 per cent interest by Qatar Petroleum (QP) in the concession covering the offshore Al-Shaheen oilfield for a period of 25 years beginning 14 July 2017
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
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
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
