Russia's No.2 oil producer Lukoil said on Aug. 12 its average hydrocarbon production excluding the West Qurna-2 project in Iraq rose by 2.8%, year-on-year, in the first half of the year, amounting to 2.352 million barrels per day.
Oil production, excluding the project, totaled 42.6 million tonnes for the half year, up 1.3% year-on-year.
The company also said its natural gas production was 17.4 billion cubic meters in January-June, 8% higher year-on-year.
Recovering more for less is the ultimate goal for operators and service companies.
Amid growing calls for action to fight climate change, oil and gas companies are ramping up efforts toward environmental and community stewardship.
Along with technical sessions, conference panels and networking events, new technologies will be one of the major highlights of the show.