Industry Developments

BMI View: The start-up of production at CNPC's Halfaya field brings Iraq a step closer towards meeting its production target of 9mn barrels per day by 2020. However, this is still an... 2012-06-19

BMI View: Statoil's latest, 'high-impact' natural gas discovery adds to the significant resource base already established in the country's Rovuma Basin. We believe it raises the prospect... 2012-06-18

OPEC has left its official production quota unchanged at 30mn barrels a day (b/d) despite a steep fall in oil prices over recent weeks. While the ceiling remains unchanged, the big... 2012-06-15

BMI View: Offshore Israel could hold great potential for oil and gas success. However, companies may have to grapple with the high costs of operating there given costly rig-hire rates... 2012-06-15

BMI View: Senior members of the Libyan NTC have revealed that production levels have now hit 1.5mn b/d and that a return to pre-war production of 1.6mn b/d by mid-2012 is a realistic... 2012-06-14

BMI View: Uganda is proceeding with its plans to build a refinery in Kabale-Buseruka, in the Hoima District. However, we underline how new discoveries made by Tullow in Kenya could... 2012-06-12

BMI View: Algeria's Minister of Energy and Mining, Youcef Yousfi, has announced that his country is hoping to hold its first international offshore licensing round within the next two... 2012-06-12

BMI View: Shell's decision to step up efforts after a decade-long standstill over exploration offshore Zanzibar shows the company's desire to do its utmost to get a share of the growing... 2012-06-11

BMI View: LNG export projects are likely to boom in East Africa, as windfall gas discoveries will push companies and governments to develop these projects so as to monetise gas assets.... 2012-06-08

BMI View: Tullow's oil discovery in Côte d'Ivoire confirms the prospectivity of offshore blocks along the West African Transform Margin (WATM). We expect exploratory activity in Côte... 2012-06-07