Kuwait’s oil and gas exploration, drilling and production firm Kuwait Oil Company (KOC) will produce 3.15mn bpd of oil by 2016, announced the company CEO
Exploration & Production
Algeria’s Sonatrach discovers gas and oil fields in 2015
State-owned Algerian oil company Sonatrach has discovered one new gas and two new oil fields since the start of 2015, it was revealed last week
Saudi oil output rising to 10mn bpd, says PIRA
Oil production in Saudi Arabia is rising, with output currently standing at around 10mn barrels per day (bpd), according to energy consultancy firm PIRA
Omani oilfield averages 122,000 boepd last year
Gross production from Mukhaizna heavy oilfield or Block 53 in Oman averaged 122,000 boepd in 2014, operator Occidental has announced
Algeria aims to drill first offshore oilwell by end of 2015
Algeria’s state-owned energy firm Sonatrach will drill its first offshore oilwell by the end of 2015, with annual refining output hitting 87.7mn cu/m at the end of last year, energy minister Youcef Yousfi has announced
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