Russian oil major Lukoil’s international marketing and trading arm Litasco has chartered a crude carrier to receive the first batch of oil extracted from the West Qurna-2 oilfield in Iraq
Exploration & Production
Maxim Resources given authorisation to explore Moroccan block
Maxim Resources has been granted the Reconnaissance Concession Authorization for the Hassi Berkane Block in Morocco
Taza-2 well reaches planned depth in Kurdistan Region of Iraq
Oil Search Limited has announced that its Taza-2 oilwell in Kurdistan Region of Iraq has reached a total planned depth of 4,200 metres
Shell pulls out of Qatar gas well
Royal Dutch Shell has pulled out of gas exploration plans in Qatar’s Block D, after initial drilling at its majority-owned QSD-1 well failed to produce commercial volumes, it announced last week
UAE oilfields receives new bids from Asian and western buyers
Asian and western firms have placed new bids for the UAE’s biggest oilfields after a deal with oil majors expired this year but the Gulf country is yet to decide whether to let Asian oil buyers in for the long haul, government sources said
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