Exploration - 16 February 2016

In Salah Gas, a joint venture between Sonatrach, BP and Statoil has announced the start up of its Southern Fields project.

James Fisher Offshore, part of James Fisher and Sons plc, has stated the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd.

Transerv Energy has reported that testing operations at Warro-5 and Warro-6 continue.

Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.