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British Gas allocates $66 million for gas exploration in Tunisia

“British Gas” allocated investments of approximately $66 million to explore natural gas in Tunisia. The Company General Director Chris Fainlaissour, after meeting the president of the...

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Iraq owns proven oil reserves estimated at 115 billion barrels; the third largest reserves in the world after Saudi Arabia and Iran. The Iraqi Deputy Prime Minister for Energy Affairs Hussain...

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12 million b / d – the Iraqi oil production in 2017

The Iraqi Oil Ministry plans to increase production in stages to reach 3.3 million barrels per day in 2012, then 5.4 million in 2013, then rises to 6.5 million in 2014. The plan also includes...

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The Iraqi production at its highest level since 33 years

Iraqi Oil Minister Abdul Karim Al Loaibi confirmed that the Iraqi oil production is at its highest level since 1979, while the Deputy Prime Minister Hussain Al-Shahristani announced that the...

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UAE to increase production capacity in 2013

Arabian Oil & Gas Staff – 14.1.2013 Mohammad Al Hamli, the UAE’s Minister of oil, has announced that the country is planning to increase oil production capacity to 3 million bpd from the...

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Iraq drilling expenditure to grow 15% in 2012-2016

by Arabian Oil & Gas Staff on Jan 23, 2013 Douglas-Westwood has released a study into the Iraq and Kurdistan Drilling and Oilfield Services market 2012 – 2016. In the constrained scenario, oil...

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80% of Egypt’s mining and oil wealth undiscovered

Abdullah Ghorab the previous Minister of petroleum has revealed that 80% of the country’s oil and mining wealth has not been discovered yet, especially in the offshore areas of the Mediterranean...

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A new evaluation for oil possibilities in Egypt

A report to the Ministry of Petroleum has clarified that during the fiscal year 2009 – 2010, Egypt has achieved the highest number of proven oil and gas reserves in the history of the petroleum...

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