Abu Dhabi National Energy Company (TAQA) has completed its US$600mn acquisition of a 53.2 per cent operating stake in the Atrush oil exploration block in the Kurdistan Region of
Exploration & Production
Oil Search sells 40 per cent stake in Yemeni field to Total
Oil Search has completed the sale of its 40 per cent interest in Block 3 (Gardan) in Yemen to Total for US$44mn
Enegi to join Korean firm in search for oil in Jordan
Enegi Oil has announced that it has signed a deal with Korea Global Energy Corporation (KGEC) to explore for oil in Jordan
National Iranian Oil Company to increase exploration
The National Iranian Oil Company (NIOC) will increase exploration, with a total of eight drilling rigs being deployed within the next year
Offshore drilling mast installed in South Pars
The Shahid Rajaee Offshore Drilling Mast has been installed in the largest phase of the South Pars field according to the National Iranian Drilling Company (NIDC)