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Drilling & production

 
 

Iraq aims to ramp up oil and gas output

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.

 
 
 
 
 

CNOOC adds over 100 billion m3 of proved gas in-place

CNOOC has announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion m3. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters.

 
 

BP acquires GETEC ENERGIE GmbH

The acquisition of GETEC ENERGIE GmbH will accelerate the growth of BP’s European gas and power presence, as well as providing opportunities to grow integrated lower carbon energy solutions for C&I energy customers in Germany and elsewhere in Europe.