Iran is planning to offer international companies more ‘lucrative’ contracts to attract at least US$100bn worth of investment in its oilfields over the next three years
Exploration & Production
Serica Energy starts drilling in Morocco’s Foum Draa Licence
Serica Energy has announced that it has commenced drilling operations in the Foum Draa Licence offshore Morocco
Cairn Energy, Kosmos Energy and ONHYM sign a farm-in deal for offshore Moroccan block
Cairn Energy has announced that it has entered into a farm-in agreement with Kosmos Energy and the National Bureau of Petroleum and Mines of Morocco (ONHYM) for an offshore Moroccan exploration block
Sonatrach makes 1.3 billion barrel oil discovery in Algeria
Sonatrach has discovered an oilfield with an estimated 1.3bn barrels of deposits in southern Algeria, according to sources at the countrys oil ministry
Oryx Petroleum hits oil in Kurdistan Region of Iraq
Oryx Petroleum has discovered crude oil at the Ain Al Safra prospect on the Hawler License in the northern part of the Kurdistan Region of Iraq
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