PH Petro has completed the single-well test project for Omans Daleel Petroleum Company and has delivered an impressive 134 per cent incremental oil gain.
Industry
Statoil to sell its Iraqi West Qurna stake to Lukoil
Iraq has approved the sale by Statoil of its minority stake in Iraq West Qurna phase-2 oil field to Russias Lukoil, according to press reports.
Digitalcore and Numerical Rocks announce merger
Digitalcore and Numerical Rocks, announced at Geo 2012 that they have signed an agreement to merge and form a new company that will see them combine forces to offer their joint services worldwide.
Repsol profits hit by fall in Libyan output
Repsol has announced a sharp fall in Q4 2011 profits as the Spanish oil company was hit by the suspension of oil production in Libya for large parts of 2011.
Emerson opens largest support facility in Iraq
Emerson Process Management has opened the largest support facility in Basra, Iraq which will help support its customer base in the country with a team of Iraqi technical field service engineers.
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