Petroleum Development Oman (PDO) is likely to invest more than US$11bn for a number of new oil projects over the next 10 years, it has announced
Exploration & Production
DNO sets new production record in Kurdistan Region of Iraq
DNO International has announced that production is at an all-time high of 32,500 bpd from its second horizontal well in the Tawke oilfield in the Kurdistan Region of Iraq
Tethys Oil spuds oil in Oman’s onshore block
Tethys Oil has announced that an oil exploration well has spud on Block 4 onshore Oman
Libya’s offshore Bouri field output close to 40,000 bpd
Libya is close to producing 40,000 bpd from its Bouri oilfield, offshore Mediterranean Sea
Dragon Oil to develop two oil blocks in Afghanistan
UAE-based Dragon Oil has signed a production sharing contract (PSC) with the Afghan government to develop two oilblocks in the country