Egypt has awarded contracts in eight oil and gas prospection projects for a total minimum investment of US$1.2bn off its Mediterranean coast
Egypt awards eight oil and gas prospection contracts
Exploration & Production
Iran 'to export 30 million litres of petrol by 2015'
Iranian officials have claimed that Iran would be able to export 30mn litres of petrol per day by the year 2015, in spite of the international sanctions imposed against the country
Saudi Arabia’s Manifa oilfield starts production
Saudi Aramco has announced that oil production at the Manifa field in Saudi Arabia has begun, three months ahead of schedule
Valeura bags exploration licence in Turkey
Canada-based oil exploration firm Valeura Energy has announced that it has been awarded a new exploration licence, Banarli Licence 5104, on a 100 per cent working interest basis in the Thrace Basin of northwest Turkey
Petrofac Emirates and Daewoo win US$3.7 billion offshore Abu Dhabi contract
A consortium consisting of Petrofac Emirates and Daewoo Shipbuilding & Marine Engineering (DSME) has been awarded a US$3.7bn contract for the field development of Upper Zakum (UZ750), offshore Abu Dhabi
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