Algeria has increased its crude oil output by 32,000 bpd after initiating production at the Bir Sebaa and Bir Msana fields in the Hassi Messaoud area
Exploration & Production
‘Lebanon could have frontier oil and gas province’
US-based NEOS has announced that a frontier oil and gas province could be emerging in Lebanon, after completing prospective studies in the country
‘Rise in oil production a sign of new refinery in KSA’
Saudi Arabia’s domestic crude oil inventories jumped to a record above 300mn barrels in May this year, a rise that reflects the operational demands of the new Yasref refinery in Yanbu rather than a sign of a global supply glut, according to official reports
Saudi Arabia crude production hits 10.3mn bpd
Saudi Arabia’s crude production went up six per cent in Q2 2015, year-on-year (YoY), to 10.3mn bpd
IRG and Scotforth to carry out hydrocarbon survey onshore Tunisia
Independent Resources (IRG) has signed an exclusive agreement with Scotforth to undertake a remote sensing hydrocarbon survey of Ksar Hadada Permit in Tunisia