Libya is close to producing 40,000 bpd from its Bouri oilfield, offshore Mediterranean Sea
Exploration & Production
Dragon Oil to develop two oil blocks in Afghanistan
UAE-based Dragon Oil has signed a production sharing contract (PSC) with the Afghan government to develop two oilblocks in the country
TAQA to develop Kurdistan Region of Iraq’s oilblock
TAQA has announced that it plans to invest more than US$300mn for the Phase 1 development of Atrush oilblock in the Kurdistan Region of Iraq
Egypt ratifies TransGlobe Energy Corporation’s four production sharing concessions
Egypt has ratified TransGlobe Energy Corporation’s four production sharing concessions (PSCs), which the firm won in the 2011/2012 Egyptian General Petroleum Corporation (EGPC) bid round
Maersk Oil Qatar signs a two-deal with Gulf Drilling International
Maersk Oil Qatar (MOQ) has signed two new offshore Qatar rig contracts worth US$206mn with Gulf Drilling International (GDI)
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