Gas Plus Khalakan (GPK), a 75 per cent-owned subsidiary of New Age, will soon commence development drilling on three wells at Shewashan oilfield in Kurdistan Region of Iraq in order to bring them onstream in 2016
Iran has announced that it plans to raise oil production “at any cost” to defend the country’s market share and has joined calls for an emergency OPEC meeting to help shore up crude prices
Circle Oil has announced that its exploration permit offshore Mahdia Block has been approved by Tunisian authorities
Iran has outlined a US$2.2bn plan to develop a field shared with Iraq to produce 50,000 bpd, an official source said, marking the first introduction of major energy projects under a new contract
China’s geophysical service company BGP has begun a 3D transition zone survey for Kuwait Oil Company (KOC) over Kuwait Bay
