Oil & Gas Production: Middle East

DNO reports offshore Oman production down

Production from the Bukha field complex in block 8 offshore Oman averaged 9,000 boe/d during 2Q 2015, according to operator DNO International.

ENOC questions Dragon’s production target

Emirates National Oil Co., which has submitted a takeover bid for Dragon Oil, foresees operational challenges with Dragon’s targeted production of 100,000 b/d of oil over the next five years. 

IOCs may have to wait to re-start activity offshore Iran, report says

Analyst Wood Mackenzie says it could take Iran until end-2017 to lift its production by 600,000 b/d, despite Tuesday’s agreement by the world’s major powers to lift sanctions over the country’s nuclear activity.

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Dragon ramps up artificial lift offshore Turkmenistan

Dragon Oil aims to procure additional water injection facilities later this year for installation on the Dzheitune (Lam) field in the Cheleken Contract Area in the Turkmen sector of the Caspian Sea.

More wells coming onstream at South Pars Phase 12

Pars Oil and Gas Co. expects gas production from the Phase 12 development of the South Pars field in the Persian Gulf to increase to 2.4 bcm/d (85 bcf/d) before the winter season starts. 

South Pars Phase 1 platform capacity upgrade completed

Production capacity of Platform SPD1 serving Phase 1 of the South Pars gas field in the Persian Gulf has reached 1 bcm/d (35 bcf/d).

Middle East NOCs identify technology challenges

The Industry Technology Facilitator’s Gulf Cooperation Council members have agreed to take on three technology challenges.

FMC Technologies receives second Shah Deniz subsea order

BP has contracted FMC Technologies (NYSE: FTI) to supply subsea production systems for the Shah Deniz Stage 2 project, 100 km (62 mi) south of Baku in the Azeri sector of the Caspian Sea.

Kazakh, Azeri projects to lift offshore production

Two major offshore projects will boost production later this decade in the Caspian Sea, according to consultants GlobalData.

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