Exploration & Production

BP exceeds production goal at Iraq’s Rumaila

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Production levels at Iraq's Rumaila oilfield has exceeded the 10 per cent increase required for oil-giants BP and China's CNPC to start recovering development costs.

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Abu Dhabi finishes oil pipeline

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Abu Dhabi finished construction of a pipeline that runs across the emirate and will transport large quantities of crude from the country's oilfields directly to the coast.

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Libyan oilfields face production cut

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The continuing unrest in Libya has resulted in production at Libyan oilfields being cut by more than half according to the IEA.

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Schlumberger awarded contracts to drill Iraqi wells

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Schlumberger, the oil services firm, has been awarded a contract to drill 10 wells in Iraq's West Qurna Phase One oilfield by ExxonMobil and its partners.

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No new oil concessions in Libya in 2011

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Libya does not intend to issue any new oil concession licences this year according to the chairman of the country's National Oil Corporation (NOC) Shokri Ghanem.

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