Iraq’s Basra Gas Company (BGC), a joint venture between the state-run South Gas Company (SGC), Shell and Mitsubishi, has been processing around 11.3mn cubic metres per day of gas and has claimed it is on track to treat 56.6mn cubic metres per day by 2017
Oman’s Oil Ministry has signed an oil and gas exploration agreement with US-based PetroTel Incorporation as part of the countrys plan to increase its national crude oil production
Abu Dhabi National Oil Company (ADNOC) has sent out the invitations to pre-qualified international firms to bid for the renewal of a shared license to operate a selection of the emirates onshore oilfields
ExxonMobil has allocated US$1.65bn to develop the Kurdistan Region of Iraq’s West Qurna 1 oilfield in 2013, marking a rise of US$50mn on the amount it allocated in 2012
Abu Dhabi-based Mubadala Petroleum, in partnership with INPEX Corporation (INPEX), has been awarded the production sharing contract (PSC) for Indonesias West Sebuku block
