Saudi Aramco will have a total of 900bn barrels of oil resources by 2025, according to a company executive
Exploration & Production
BP to explore two blocks for US$240mn in Egypt
BP Egypt has been awarded two exploration blocks, Block 3 and Block 8, for US$240mn in the country as a result of the 2013 EGAS bid round
Serinus Energy strikes hydrocarbons onshore Tunisian well
Serinus Energy has confirmed the presence of hydrocarbons at its Winstar-12bis (WIN-12bis) development well situated in the Sabria field onshore Tunisia
Total completes first 4D seismic survey offshore Qatar
Total’s first 4D seismic acquisition survey, which began in June 2014 in partnership with Qatar Petroleum (QP), has ended offshore Qatar
KUFPEC signs MoU with Mexico’s PEMEX
Kuwait Foreign Petroleum Exploration Company (KUFPEC), a wholly-owned subsidiary of Kuwait Petroleum Corporation, has signed an exploration and production MoU with PetrleosMexicanos (PEMEX)