Kuwait Energy has announced that its average total daily working interest production surged 24.2 per cent to 21,568 bpd in Q1 2013, compared with the corresponding period a year earlier, due primarily to the acquisition of Jannah Hunt Oil Company in Yemen
Exploration & Production
Lebanon launches oil and gas licence bidding round
Lebanon has launched its first oil and gas licensing bidding round for 10 offshore drilling and exploration blocks in the east Mediterranean region
Genel Energy confirms additional oil in Chia Surkh Block in Kurdistan Region of Iraq
Genel Energy has announced that a second drill-stem test carried out on the Chia Surkh 10 well, located in the Chia Surkh Block in the Kurdistan Region of Iraq, has confirmed the existence of an additional oil bearing section
Iran set to start Reshadat oilfield production
The Iranian Offshore Oil Company (IOOC) has announced that it expects to start production from the Reshadat oilfield, situated 110km southwest of Lavan Island in the Gulf, later this year
Russian firm targeting Iraqi oil fields
ROSNEFT, the Russian state-owned oil company, has said that it is interested in exploration and development activities on the oil fields of Iraq