 |
BP to invest $2.85bn in Iraq's largest oilfieldOil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2 billion last year, the head of the joint management committee for the field told Reuters On We More… |
 |
Aramco starts production from ManifaSaudi Aramco has started pumping oil from its giant Manifa field in the Gulf, allowing the world's biggest oil exporter to relax production from some of its mature fields onshore. The offshore oilfield - made up of rigs on man More… |
 |
Small gas leak near Kuwait oilfield controlledKuwait Oil Company (KOC) has controlled a small leak on a gas pipeline near to the Burgan oil field, the state-run company said on Saturday. A "simple leak" was discovered on Saturday afternoon on an isolation valve on a More… |
 |
China ready to join Exxon at giant Iraq oilfieldChina is willing to join Exxon Mobil in a giant Iraqi oilfield project, a top executive said on Tuesday, which could see Beijing come to dominate Iraq's oilfields and help the US major mend fences with Baghdad. More… |
 |
Choose S. Iraq or Kurdistan, Iraq tells ExxonIraq has told Exxon Mobil that it must choose between working in the country's southern oilfields or in autonomous Kurdistan, and expects the US oil major to make a final decision in a few day More… |
 |
Expro sees ME business growthInternational oilfield services company Expro said 2012 was a highly successful year for its well flow management activities in the Middle East and anticipated further strong growth this year. Expro said it is experiencing signifi More… |
 |
Lukoil says no to key Iraq oilfieldRussia's second-largest crude producer Lukoil said on Monday it decided not to join the development of Iraq's West Qurna-1 oilfield, citing high risks. Lukoil oversees the largest share of oil reserves in Iraq among foreig More… |
 |
BP close to deal on Iraq output targetOil major BP is close to reaching a deal with Iraq to cut the final production target for the supergiant Rumaila oilfield to between 1.8 million and 2.2 million barrels per day (bpd), oil ministry and industry sources said. Offici More… |
 |
Enough buyers for W Qurna: IraqExxon Mobil is in the advanced stages of talks with potential buyers to take on Iraq's West Qurna 1 oilfield and there are enough appropriate candidates, the country's deputy prime minister for energy said. More… |
 |
Will Bakken rival Ghawar oil field?Could oil production from the Bakken formation in North Dakota and Montana rival output from Saudi Arabia's supergiant Ghawar oilfield, the greatest oil-bearing structure the world has ever known? More… |
