Saudi Aramco continues Khurais oil field expansion despite oil price slump
Saudi Aramco has chosen not to cancel its Khurais oil field expansion despite falling oil prices, according to its President Amin Nasser
E&P
BP and Kuwait Petroleum Corporation sign framework agreement
BP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement on 31 March in order to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and petrochemicals ventures, according to BP
GE Oil and Gas marks groundbreaking of new manufacturing and service facility in Dammam
GE Oil & Gas has marked the groundbreaking of its multi-modal manufacturing and service facility in a ceremony at their MODON Saudi Industrial Property Authority site in 2nd Industrial City, Dammam
Iran sees production and exports rise post-sanctions
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
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
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