Oil & Gas Production: Middle East

European companies discuss production boosting measures offshore Iran

Iranian Offshore Oil Co. is in talks with companies from France, Italy, Norway, and Ukraine on increasing output from oil fields in the Persian Gulf, according to news service Shana.


Gas, condensate output increases at Tamar offshore Israel

Delek Group says gas production from the offshore Tamar facilities totaled 1.8 bcm (64 bcf) during 2Q 2015.


The Canada-Newfoundland and Labrador Offshore Petroleum Board has conditionally approved Husky Energy's amended development plan for the White Rose extension project.


Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Rising oil production fuels bleak outlook

Despite the dramatic fall in oil prices, crude oil production, led by the US, Saudi Arabia, and Iraq, has been rising. This trend has been keeping supply well above the demand curve and further deteriorating the prospect of imminent oil price recovery.

Lukoil secures loan for Shah Deniz commitments

Lukoil has signed a 12-year credit-facility agreement with a consortium of banks to borrow $1 billion to fund its share of the Shah Deniz Stage 2 development in the Azeri sector of the Caspian Sea.

Revised Iranian contract model to be unveiled in London

The new Iran Petroleum Contract should be unveiled in December at a conference in London, according to news service Shana.

Dragon looks to add more slots to offshore Turkmenistan platforms

Dragon Oil has issued an update on construction and engineering activity for its Cheleken Contract Area fields in the Turkmen sector of the Caspian Sea.

Noble considers Aphrodite gas exports to Egypt

Noble Energy and its partners have started pre-front-end engineering and design for a potential development connecting the deepwater Aphrodite field offshore Cyprus to gas customers in Egypt.

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.


Offshore Top 5 Projects - 2015

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Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...
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