Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant joint operating agreement
Exploration & Production
Lebanon confirms second offshore license round
The Lebanese government has approved the opening of the country’s much anticipated second offshore licensing round. Interested companies will be expected to submit their bids by 31 January 2020
Gazprom Neft expands oil production in Iraq
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI)
Morocco awards operatorship of Lixus offshore licence to Chariot
UK-based Chariot Oil & Gas Limited has won a 75 per cent interest and operatorship of the Lixus offshore licence in Morocco
E&P free cash flows soar to record-levels: Rystad Energy
The world’s publicly listed oil and gas companies saw their free cash flow (FCF) for public exploration and production (E&P) companies soared to almost US$300bn last year and 2019 could turn out to be another blockbuster year, according to an analysis by Rystad Energy