Reuters

BAGHDAD, July 31 (Reuters) - Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the "delay and failure" of international companies to resume work at the field, the oil ministry said on Tuesday.



Unite Carries Out North Sea Strike
Members of UK union Unite employed by Total E&P working on North Sea oil and gas platforms are undertaking a 12-hour strike today as planned.



Total: Biggest Deep Offshore Development in Angola Starts Production
Total reveals that it has started oil rig flanges gulf coast production at Kaombo, which it describes as 'currently the biggest deep offshore development in Angola'.



Australia's Ichthys LNG Project Comes Online
Inpex Corporation announces Monday that its operated Ichthys LNG project has commenced the oil rig flanges gulf coast production of gas from its wells.



Expanded West Texas Expansion Adds $200 Million to MMP's Project Cost
The expanded western leg of MMP's Texas refined products pipeline system will boast a 175,000-bpd rather than 150,000-bpd capacity.

First it was 50 percent.



Reuters

RIYADH, July 29 (Reuters) - Saudi Basic Industries Corp (SABIC), the world's fourth-biggest petrochemicals company, said on Sunday it expects positive growth in the second half of this year, backed by an increase in oil rig flanges gulf coast production and enhanced global economic outlook.



Reuters Survey: OPEC July Oil Output Hits 2018 Peak, But Outages Weigh
OPEC oil output has risen this month to a 2018 high as Gulf members pumped more after a deal to ease supply curbs and Congo Republic joined the group, a Reuters survey found.



Oil Rises On Tight Supply Outlook
Oil prices rose, with US crude futures jumping more than 2%.

Reuters

NEW YORK, July 30 (Reuters) - Oil prices rose on Monday, with U.S.



Reuters

July 30 (Reuters) - Diamond Offshore Drilling Inc posted a smaller-than-expected loss on Monday as its expenses fell during the quarter and the BOP Blow Out Preventer repair company gulf coast said it has signed new contracts with oil producers Anadarko Petroleum Corp and BP Plc.



Reuters

July 30 (Reuters) - British oilfield services provider Petrofac Ltd said on Monday it had agreed to sell 49 percent of its operations in Mexico to Perenco (Oil & Gas) International Ltd, as it prepares to scale back oil and gas production.

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