Dana Gas has announced that it has witnessed a net profit of 70 per cent in Q2 2014 to US$46mn as compared to US$27mn during same period last year
Exploration & Production
Oman invites bids for five onshore and offshore blocks
Oman has announced that it has invited local and international explorers for five oil and gas blocks — onshore and offshore — in a new bidding round
Gazprom Neft starts exploration in Kurdistan Region of Iraq’s Shakal Block
Gazprom Neft has began drilling an exploration well at the Shakal Block in Kurdistan Region of Iraq
Serica Energy begins drilling offshore Moroccan licence
Serica Energy has announced the commencement of drilling operations in Sidi Moussa Licence offshore Morocco
OPEC sees slight rise in oil production in July 2014
Organization of the Petroleum Exporting Countries’ (OPEC) oil production rose 0.4 per cent in July 2014 from a month earlier, according to a survey