Kuwait has announced that the phase one of the joint heavy oil refinery project with Saudi Arabia in Wafra will cost US$5bn
Exploration & Production
Gazprom Neft targets oil production at Iraqi field in Q1 2014
Russia’s Gazprom Neft has announced that it has plans to start commercial oil production in Q1 2014 at its Badra oilfield in Iraq
Kuwait Energy hits oil and gas in Egyptian concession
Kuwait Energy has announced that it El Salmiya-3 well, located in the Abu Sennan concession, has hit oil and gas
Masirah Oil discovers oil offshore Oman
Rex International has announced that its subsidiary Masirah Oil has struck oil in Block 50 offshore Oman
Apache makes oil and gas discoveries in Egypt's Western Desert
Apache has announced that it has discovered oil and gas in two new concessions in Egypt’s Western Desert