ENI hit oil of around 80 meters with flow rates at 43-48 API oil.
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ENI starts production at MLE field in Algeria
ENI and Sonatrach launch production at MLE field in Algeria
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BP announces profit of $17.6 billion for 2012
Bullish CEO expects $25 billion capital expenditure plan for 2013
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ExxonMobil earnings rise 9% in 2012 up from 2011
ExxonMobil announces earnings of $44.88b for 2012, up $3.82b from 2011
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Angola’s PSVM development to come online
PSVM production is expected to plateau at 150,000 bpd in coming years
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Shell sees Q4 earnings fall 6% to $6,178 million
Royal Dutch Shell announces 9% drop in 2012 earnings to $22,162m.
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Dana Petroleum to develop Egyptian oil field
Dana will go ahead with the development of Egypt’s Nefertiti field.
Posted inProducts & Services
Dragon Oil confirms Iraqi Block 9 E&P contract
Kuwait Energy to be operator with 70% interest, Dragon holds other 30%
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WesternZagros quadruples reserves in Kurdistan
WesternZagros’ contingent reserves jump to over one billion BOE
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Iraq drilling expenditure to grow 15% in 2012-2016
Energy market research and consultancy group surveys Iraq’s oil future