Oman oil production increased by around 2.7 per cent year on year in the first quarter of 2011 as the non-OPEC country pushed ahead with a programme to expand the country's hydrocarbon sector.
Dana Gas PJSC announced that earning for the first quarter of this year jumped 180 per cent over its 2010 results to hit US$25mn.
DNO's production in the Q1 2011 hit 39,945 bopd, up from 12,442bopd in the same quarter last year.
ENI announced that production was down 8.6 percent in Q1 due to the conflict in Libya, which previously accounted for about 15 per cent of its total output.
Iraq is not planning to reduce its ambitious 12mn bpd crude production capacity target by 2017 to levels between 6.5mn bpd and 7mn bpd according to Deputy Prime Minister for energy, Hussain al-Shahristani.