BP and China’s CNPC have signed a revised contract for Iraq’s Rumaila oilfield to increase their stakes in the joint venture with state-owned firm to develop the field
Exploration & Production
Gulfsands Petroleum gets complete ownership of Tunisian permit
Gulfsands Petroleum has acquired a 100 per cent ownership of Chorbane Permit in Tunisia
KOGAS begins crude production at Iraqi oilfield
Korea Gas Corporation (KOGAS) has announced that it has started commercial crude production at Iraq’s Badra oilfield
Saudi Aramco to invest US$40 billion in Kingdom’s energy sector
Saudi Aramco has announced plans to invest US$40bn annually in Saudi Arabias energy sector for the next ten years to maintain oil production and double gas output in the Kingdom
Jordan to award two blocks for oil and gas exploration
Jordan is offering two blocks in its northeastern region for oil and gas exploration, according to Ministry of Energy and Mineral Resources
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