Algeria has awarded four of 31 oil and gas field blocks to foreign consortiums in a move to help offset its stagnate production
Exploration & 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
Kurdistan Region of Iraq’s well reaches total depth
ShaMaran Petroleum has announced that Chiya Chere-8 (CK-8) well has reached a total depth of 2,195 metres at Atrush Block in Kurdistan Region of Iraq
Eni awarded three exploration blocks in Egyptian bid rounds
Eni has won three new exploration licenses in Egypt following the 2013 Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) bid rounds in the North African country
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