The Rumaila Operating Organisation (ROO) has met a major milestone in the redevelopment of the super-giant field in Southern Iraq by increasing production by more than 10% above the 1.066 million bpd initial production rate agreed in December 2009.
Seneca Resources has acquired additional acreage in the Marcellus Shale from EOG Resources at a cost of US$ 23 million.
Gazprom Marketing & Trading and Gujarat State Petroleum Corporation have signed an LNG agreement.
Granherne, a subsidiary of KBR, has been selected by GDF SUEZ Bonaparte Pty Ltd to execute the pre-FEED study for the Bonaparte LNG Project.