Algerian company Sonatrach has announced that it would intensify its exploration efforts by drilling 125 wells a year and expand its transportation network to help boost oil and gas production over the next five years
Masirah Oil has commissioned a new 3D seismic survey offshore Omani Block 50 to select prospects for its planned multi-well exploration drilling programme in the next two years
Gulfsands Petroleum has developed a strategic relationship with Arawak Energy International to ease acquisitions and development of new oil and gas opportunities in the Middle East and North Africa (MENA) region
Saudi Aramco will have a total of 900bn barrels of oil resources by 2025, according to a company executive
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
