Genel Energy strikes oil in Kurdistan Region of Iraq
Genel Energy has made a significant oil discovery in the first of five exploration wells on Chia Surkh exploration block in Kurdistan Region of Iraq
E&P
ADNOC subsidiary signs US$2.4bn worth of contracts for SARB development
Abu Dhabi Marine Operating Company (ADMA-OPCO), a subsidiary of Abu Dhabi National Oil Company (ADNOC), has signed two engineering, procurement and construction (EPC) contracts worth a total of US$2.4bn for the development of Satah Al Razboot (SARB) oil field
OMV starts production at Bina Bawi-3 in Kurdistan Region of Iraq
Austria’s OMV has began production at Bina Bawi-3 well, located in the Kurdistan Region of Iraq, at the rate of 5,000 barrels of oil equivalent per day (boepd)
Dana to start drilling Sharjah gas project in Q3 2013
Dana Gas has announced that drilling at its Zora gas project, located 33km off the coast of UAE emirate Sharjah, will begin in Q3 2013
Saudi Arabia crude exports to rise, ministry claims
Saudi Arabia is likely to export more crude over the next few months due to increasing demand from Asian countries, according to the Kingdom’s Oil Ministry
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