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
Exploration & Production
Test well hits 4,900 bpd in Kurdistan Region of Iraq
ShaMaran Petroleum has announced that the Atrush-3 well, located in the eastern part of Atrush Phase 2 appraisal area, in the Kurdistan Region of Iraq has hit 4,900 bpd during flow tests
Petrofac secures strategic service deals with Sonatrach in Algeria
International oil and gas service provider Petrofac has entered into two strategic contract agreements with Algerian state-owned explorer Sonatrach to develop hydrocarbon programmes in the North African country
ADNOC awards Total more stake in renewed ADCO Concession deal
The Abu Dhabi National Oil Company (ADNOC) and French oil major Total have renewed the 40-year Abu Dhabi Company for Onshore Oil Operations (ADCO) Concession Agreement for onshore oilfields in the emirate
Petrofac wins US$4bn heavy oil project in Kuwait
UK-based oil and gas services provider Petrofac has won a US$4bn contract for the first phase of Kuwait Oil Company’s (KOC) Lower Fars heavy oil development programme, located in north Kuwait