Exploration & Production

BP exceeds production goal at Iraq’s Rumaila


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


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


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


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


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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