'Oman the largest non-OPEC oil producer in Middle East'
According to the EIA, Oman has been recognised as the largest producer of oil and natural gas outside of the OPEC member countries
E&P
Kuwait and KSA to resume joint oilfields operations
Kuwait has announced that operations and exports from oilfields jointly operated with Saudi Arabia will resume soon
Unperturbed by Iran, Iraqi oil production hits record
In an interview with Reuters, Iraq’s oil minister Adel Abdul Mahdi confirmed the country’s plan to continue to increase the oil output of the country in spite of the expectations from Iran after sanctions were lifted
JBIC signs loan agreements with ADNOC to renew oilfield concessions
Japan’s Bank for International Cooperation (JBIC) has signed a US$2.1bn loan agreement with Abu Dhabi’s ADNOC to secure long-term oil supplies
Iraq eyes PetroChina and ExxonMobil to fund EOR project
Iraq, OPEC’s second-largest producer, has approached PetroChina and ExxonMobil to invest in a multi-billion-dollar project to boost output from its smaller southern oilfields, a senior Iraqi oil official said
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