Tag Archives | BeicipFranlab

French Petroleum Consultancy meets Iraqi Oil Minister

By John Lee. French petroleum consultancy Beicip-Franlab met with Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail in Baghdad on Wednesday to discuss strategic plans to develop oil and gas fields in the country. Among those in attendance were the company's Chairman and CEO, Jean Burrus, and the French Ambassador to Iraq, Bruno Aubert. (Source: Iraqi Ministry […]

DNO's New Statement of Oil Reserves

DNO has today presented its Annual Statement of┬áReserves ("ASR") as of 31.12.2010. The total remaining P50 reserves for DNO as of 31.12.2010 are estimated at 194.2 million barrels of oil equivalents, on a working interest (WI) basis, which represent the commercial reserves, class 1-3, under Norwegian Petroleum Directorate classification. This is an increase of 30% […]