Japan’s oil and gas exploration firm Inpex, through its wholly-owned subsidiary Japan Oil Development Company Limited (JODCO), has commenced oil production from Umm Lulu offshore oilfield in Abu Dhabi
Exploration & Production
Sonatrach and Gazprom discover oil and gas in Algeria
State-owned Algerian energy firm Sonatrach, along with its Russian partner Gazprom, has made a new oil and gas find in Block 236b of El Assel area in Algeria’s Berkine Basin
Algeria awards four of 31 blocks to international firms
Algeria has awarded four of 31 oil and gas field blocks to foreign consortiums in a move to help offset its stagnate production
OPEC’s oil output hits highest since 2012
Organization of Petroleum Exporting Countries’ (OPEC) oil supply has jumped to a two-year high in September this year due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers, a survey has revealed
Libya’s oil output hits 925,000 bpd
Libyas oil output has reached 925,000 bpd with El Sharara oilfield contributing up to 200,000 bpd, according to National Oil Corporation