Kuwait has said the continued closure of the Khafji oilfield it shares with Saudi Arabia will create huge losses Riyadh must compensate for in future, a local daily reported.
Al Rai newspaper based its
The shut down of the jointly-operated Wafra onshore oilfield between Saudi Arabia and Kuwait, is set to be extended into next month after the distribution of a memorandum telling all non-vital staff to take leave as of August 1, pan-Arab daily A
Anton Oilfield Services Group (Antonoil), a top oilfield services provider in China, has won a $140 million contract for oilfield workover and completion service in southern Iraq.
The contract covers workover and completion servic
Libyan authorities will try during the month of Ramadan to reopen pipelines for El Feel and El Sharara oilfields and Zueitina port that have been blocked for weeks by protests and disputes, the state oil company said.
Libya's western El Feel oilfield is still closed due to a strike by security guards over salary payments, a field engineer said.
The field is co-run by state oil firm NOC and Italy's Eni. The strike has
A jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate are resolved, a spokeswoman for US oil major Chevron said.
“Current difficulties in secur
Abu-Dhabi's Mubadala Petroleum said its 10,000 barrels-per-day (bpd) Nong Yao oil field in Thailand will start production in June, bringing its total oil output in the country close to 40,000 bpd, up 33 per cent from current levels.
Qatar Petroleum has invited international oil companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017, a blow to current operator Maersk Oil which had hoped to extend its production sharing agreement.
Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC said.
The closure will w
Abu Dhabi National Oil Company (Adnoc) said on Monday it had granted Japan's Inpex Corp a 5 per cent stake in a new 40-year concession, making it the first Asian firm to help operate the UAE's biggest oilfields after decades-long partner