Eni has discovered gas and condensates offshore Libya at Bahr Essalam South exploration prospect located in Area D, 82 km from the coast and 22 km from the Bahr Essalam field
Exploration & Production
EGPC acquires 10 per cent interest in Iraqi block
Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Kuwait Energy to acquire a 10 per cent participating interest in Iraq’s onshore Block 9
KOC to produce 3.15mn bpd of oil by 2016, states company CEO
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
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
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