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Cepsa and Cosmo Oil’s Abu Dhabi joint-venture started production on Tuesday from Hail offshore oil field.
Abu Dhabi National Energy Company PJSC (TAQA) made a net loss for the first nine months of the year on lower production.
OPEC crude output slipped in November as 14-member states cut production in compliance with a supply cut deal.
SDX Energy, the North Africa focused oil and gas company, said it has started production from the KSR-16 well on the onshore Sebou permit in Morocco with estimate-beating flow rates.
Oil sands production growth will continue through the next decade but a slowdown is anticipated with investment expected to remain lower than historical levels, says a new major research initiative by IHS Markit.
ADNOC’s unit Al Dhafra Petroleum awarded an oil production infrastructure contract to bring online the Haliba field that lies along the south-east border of Abu Dhabi.
Germany’s DEA said it will invest US$500 million in Egypt in the next three years as it looks to boost oil and gas production from its oilfields.
Russian oil producer Lukoil said its 2017 hydrocarbon production rose in 2017 on back of gas development projects, but its oil production was down in the fourth quarter.
BP said it has begun production from Oman’s Khazzan gas field, its sixth and largest of the seven projects it expects to bring online this year.
Canada’s Serinus Energy said it has begun working towards restarting oil and gas production at the Sabria field in Tunisia after ensuring operations would be undisrupted.