Iraq has signed a five-year gas exploration contract with Pakistan Petroleum that gives the Pakistani company the right to explore gas block 8, which covers an area of 6,000 sq km in eastern Iraq
Exploration & Production
DNO reports new Oman well pumping at 7,000 bpd
DNO International has announced that the West Bukha-4 well on Block 8 offshore Oman has flowed at 7,000 bpd of 39° gravity oil and 15 mmcfd of gas on a 54/64-inch choke through a test separator
WorleyParsons extends Rumaila oilfield contract
WorleyParsons has been awarded a contract extension worth US$90mn to continue providing engineering services to boost production at the super-giant Rumaila oilfield in southern Iraq
Chariot acquires offshore blocks in Morocco
UK-based Chariot Oil & Gas has signed an offshore oil exploration contract with Morocco for a 75 per cent interest and operatorship in the Rabat Deep offshore licence
Saudi Aramco to invest US$35 billion in oil exploration and development
Saudi Aramco has announced its intention to pump US$35bn into its oil exploration and development programme over the next five years