Hibiscus Petroleum begins drilling oilwell in Oman’s Block 50
Hibiscus Petroleum has announced that Masirah Oil Limited and partners have began drilling an oil exploration well in GA-South (GAS#1) located offshore Oman’s Block 50 concession
E&P
KOC to increase crude output to 3.15 million bpd next year
Kuwait Oil Company (KOC) will raise its crude output up to 3.15mn bpd by 2015 with the drilling of around 300 oilwells this year in the country
Sea Dragon Energy acquires stake in oil block offshore Egypt
North African explorer Sea Dragon Energy has acquired a 12.75 per cent stake in an oil block in the Gulf of Suez, offshore Egypt
Longreach Oil & Gas announces Koba-1 well reaches total depth
Longreach Oil & Gas has announced that the Koba-1 exploration well in the Essaouira Basin onshore Morocco has reached total depth (TD) and has encountered a potential Lower Liassic sandstone reservoir with gas shows
Kurdistan Region of Iraq starts exporting crude
The Kurdistan Region of Iraq has started exporting heavy crude to world markets, transported via trucks through Turkey, to a waiting tanker
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