Drilling & production - 20 March 2017

Masirah Oil Limited and its partners have announced that the drilling of exploration well Karamah#1 in Block 50 Oman has started on 17 March 2017.

West Ells Phase II is an expansion of the Phase I project with an additional production capacity of 5000 bpd.

SDX Energy Inc. , the North Africa focused oil and gas company, has announced the commencement of drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egypt.

According to Brand Finance, Shell remains the world’s most valuable oil and gas brand with a brand value of US$37 billion, up from US$31.6 billion last year.