Under the agreement, the parties will elaborate an integral plan to progress the gas business within the Kurdish region of Iraq.
Exploration
CGG GeoConsulting launches Robertson New Ventures Suite to accelerate exploration efforts
New solutions offer upstream operators greater accuracy and success in assessing potential untapped reserves and new plays.
Emerson unveils reservoir software for robust risk analysis, reserves estimates
The announcement strengthens Emerson’s end-to-end E&P software portfolio, helping operators achieve top-quartile performance and greater project certainty on investment and operational goals within new and established reservoirs.
Emerson study: $7bn profit potential for unconventional oil & gas operators reaching top quartile
In a ‘lower-for-longer’ oil price environment, many companies are turning to IIoT technologies and the promise of digital transformation to help embed expertise in work processes, improve production and begin the path to operational excellence.
Drilling downturn could lead to takeover deals
Drilling contractors may have opportunity to snap up peers
Global oil exploration nears $1 trillion
IOCs make small scale discoveries despite huge budget
Morocco invests in exploration
Morocco has announced a record breaking $1bn exploration budget
Colombia invites exploration bids for shale sites
Colombia is Latin America’s fourth largest producer of oil & gas.
Exploration budgets slashed for 2014
More remote regions will see a scaling back of exploration activity.
Egypt signs $265 million oil & gas deal
Exploration will begin in the Mediterranean and Nile Delta.