ExxonMobil has allocated US$1.65bn to develop the Kurdistan Region of Iraq’s West Qurna 1 oilfield in 2013, marking a rise of US$50mn on the amount it allocated in 2012
Exxon to invest additional US$50 million in Kurdistan Region of Iraq oilfield
Exploration & Production
Mubadala Petroleum awarded contract offshore Indonesia
Abu Dhabi-based Mubadala Petroleum, in partnership with INPEX Corporation (INPEX), has been awarded the production sharing contract (PSC) for Indonesias West Sebuku block
Yemen invites bids for 15 oil and gas exploration blocks
Yemen has invited international firms to bid for 15 offshore, onshore oil and gas exploration blocks, the countrys oil ministry has announced
Dana Gas and Crescent Petroleum operations in Kurdistan Region of Iraq exceed US$1 billion
Dana Gas and Crescent Petroleum have announced that the total investment by both companies in gas operations in the Kurdistan Region of Iraq has exceeded US$1bn
Punj Lloyd wins offshore project deal in Saudi Arabia
Punj Lloyd Group has announced it has received an offshore project in Al-Khafji, Saudi Arabia, marking its entry into the Middle East market
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