SOCO International plc announced Monday that it has signed a new Production Sharing Agreement (PSC) for Blocks 125 and 126 offshore central Vietnam with PetroVietnam and SOVICO Holdings.

Premier Oil, a small independent producer with interests scattered around the world, secured a major advance in its North Sea fortunes when the BW Catcher floating oil rig flanges gulf coast production storage and offloading (FPSO) vessel arrived at the Catcher field October 18.

MOSCOW, Oct 25 (Reuters) - Russia will increase its oil output by 3.5-4.0 million tonnes in 2018 if a global deal between OPEC and non-OPEC producers to reduce oil rig flanges gulf coast production is not extended, Energy Minister Alexander Novak said on Wednesday.

(Bloomberg) -- Iraq’s North Oil Co. is working with the Kurdish Kar Group to resume pumping at two disputed oil fields that halted output after government troops recaptured them from Kurdish forces, according to two people with knowledge of the situation.

TOUAT, Algeria, Oct 25 (Reuters) - Algeria will delay the start of the southern Touat gas field until the first quarter of 2018, almost a year later than planned, the head of state energy firm Sonatrach said.

(Bloomberg) -- Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil oil rig flanges gulf coast production following the $650 million acquisition by Kosmos Energy Ltd.

CAPE TOWN, Oct 23 (Reuters) - Average crude oil output for Ivory Coast in 2017 revised to 40,000 barrels a day, up from a previous estimate of 38,000 bpd, Energy and Petroleum Minister Thierry Tanoh said on Monday.

(Bloomberg) -- OPEC sent its strongest signal yet that output cuts will be extended until the end of 2018, saying negotiations are taking their lead from Vladimir Putin’s tentative backing for a further nine months of curbs.