Chevron Corporation has announced that its subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Moroccos Office National Des Hydrocarbures Et Des Mines for three offshore areas
Exploration & Production
UAE's Lamprell delivers jack up rig to Indian firm
UAE-based Lamprell has announced the completion of construction on the jackup rig Greatdrill Chaaya and its delivery to Greatship Global Energy Services
Iraq to produce five million bpd in 2016, study forecasts
Iraq will produce five million barrels per day by 2016, according to a study by market research firm Douglas-Westwood
Tethys' Oman asset production averaged 14,734 bpd in December
Tethys Oil AB, through its wholly-owned subsidiary Tethys Oil Block 3 and 4 Ltd, produced 456,762 barrels of oil in December 2012, corresponding to 14,734 bopd
Iraq firm "discovers one billion barrels of oil"
An Iraqi oil exploration firm has claimed to have discovered deposits of crude, equivalent to one billion barrels of oil, during its first exploration work in the country in almost three decades