Qatar Petroleum (QP), Total E&P Qatar and Q Analytica have signed a joint research and development (R&D) agreement regarding petroleum profiling
Exploration & Production
Kuwait Oil Company grants exploration contract to Terra Technologies
Terra Energy & Resource Technologies, a natural resource exploration technology company, has been granted a services contract by Kuwait Oil Company (KOC) for oil and gas exploration in Kuwait
MOL Hungarian Oil and Gas makes oil discovery in Kurdistan Region of Iraq block
Gulf Keystone has announced that MOL Hungarian Oil and Gas, operator of the Akri-Bijeel Block in the Kurdistan Region of Iraq, has made a new Triassic discovery
Iran increases South Pars gas production by 20 per cent
Pars Oil and Gas Company (POGC) has announced that Iran has increased the production capacity of the offshore South Pars gas field by 20 per cent since March 2011
Iran's recoverable oil reserves rise to 157 billion barrels
The Iranian Ministry of Oil has announced that Irans recoverable oil reserves have reached approximately 157bn barrels so far in the current Iranian calendar year