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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.
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.
Abu Dhabi's Mubadala Petroleum announces that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian Licence Round.
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.
Norwegian oil and gas company DNO reported improved production in 2017 from the Kurdistan region as well as higher reserves and said it will outperform all of its rivals combined.
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.