Otis Energy Limited has signed an agreement with Mitsui E&P Middle East BV for the latter to get an 8.5 per cent working interest in Yemen’s Block 7
Exploration & Production
Genel Energy makes commercial oil find in Kurdistan Region of Iraq
Anglo-Turkish oil and gas firm Genel Energy has confirmed a commercial oil discovery at the sidetrack of its Ber Bahr-1 exploration well on the Ber Bahr Block in the Kurdistan Region of Iraq
DSME wins contract for oil facilities offshore Abu Dhabi
Daewoo Shipbuilding & Marine Engineering (DSME) Company Limited has announced that it has won a US$796mn order to build oil production facilities in the Upper Zakum oilfields, located 84km offshore Abu Dhabi
AGR secures Genel Energy contract offshore Northwest Africa
Oil services provider AGR Petroleum Services has signed a US$27.2mn contract with Genel Energy to deliver well management services for the Anglo-Turkish oil and gas firm’s North and West Africa offshore drilling campaign
Kuwait to hit four million barrels per day by 2020
Kuwait Oil Company (KOC), a subsidiary of the government-owned Kuwait Petroleum Company, has set a target of four million barrels per day (bpd) by the year 2020