Iraqs oil exports rebounded in October after a sharp drop in September, but remained lower than previous months, government figures showed.
Exploration & Production
Yemen creates new E&P firm
The Yemeni government agreed to establish the Masila Company for Petroleum Exploration and Production (PetroMasila) at block 14 in Masila area, Hadramout province.
Libya producing 600,000 bpd of crude oil - NOC
The chairman of the Libyan National Oil Company (NOC), Nuri Berruein, stated that Libya is producing 600,000 bpd of crude oil. Out of this, he said that 140,000 b/d are going to refineries and the remainder is exported.
ExxonMobil signs exploration deal with Iraqi Kurdistan
The recent deal signed between ExxonMobil and the Kurdistan Regional Government (KRG) has caused a political storm with the Iraqi government threatening to pull the oil majors current contracts in Southern Iraq.
Lamprell wins jackup rig order from Jindal
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