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
ROSNEFT, the Russian state-owned oil company, has said that it is interested in exploration and development activities on the oil fields of Iraq
Kuwait Energy and Egyptian General Petroleum Corporation have recorded an increase in production at East Ras Qattara (ERQ) Concession in Egypt’s Western Desert
Egypt has awarded contracts in eight oil and gas prospection projects for a total minimum investment of US$1.2bn off its Mediterranean coast
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
