Plans to boost the refining capacity of Bahrain by almost 50 per cent are projected to cost up to US$6 billion, the country's top oil official was quoted as saying this week.
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Pars Oil and Gas Company has announced that the drilling operation for the 14th phase of the South Pars gas field was launched recently.
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Oman oil production increased by around 2.7 per cent year on year in the first quarter of 2011 as the non-OPEC country pushed ahead with a programme to expand the country's hydrocarbon sector.
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Dana Gas PJSC announced that earning for the first quarter of this year jumped 180 per cent over its 2010 results to hit US$25mn.
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DNO's production in the Q1 2011 hit 39,945 bopd, up from 12,442bopd in the same quarter last year.
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