Saudi Arabia to build three new oil refineries
Saudi Aramco has announced that it is building three new refineries with a capacity of 400,000 bpd each in Saudi Arabia
E&P
Oil found in Oryx Petroleum’s license area in Kurdistan Region of Iraq
The Demir Dagh-3 well (DD-3) and Demir Dagh-5 well (DD-5) located at Hawler License area in Kurdistan Region of Iraq have proven hydrocarbon presence, according to Oryx Petroleum
First Sahara Energy to sell its entire stake in Moroccan block to Maxim Resources
Maxim Resources has entered into a heads of agreement (HOA) with First Sahara Energy (FSE) to acquire its 100 per cent interest on the Beni Znassen Block in Morocco
HKN Energy Limited declares Kurdistan Region of Iraq’s Swara Tika wells commercial
HKN Energy Limited has announced that the Swara Tika wells in Kurdistan Region of Iraq’s Sarsang Block are commercial discoveries
QP to spend US$11 billion to revamp offshore oilfield
State-owned Qatar Petroleum (QP) will invest over US$11bn to redevelop the Bul Hanine offshore oilfield to increase its output
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