Dana Gas, the Middle East’s leading regional private sector natural gas company, has announced it was a successful bidder in the Egyptian Natural Gas Holding Company 2012 International Bid Round that took place on 18th April 2013. The Company was awarded 100% working interest in the North El Arish Offshore (Block 6) concession area. The [...]
Statoil has farmed down a 25 % working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, Ltd., a wholly owned subsidiary of INPEX CORPORATION. The licence, which consists of two blocks, under one licence agreement, is located in areas 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down [...]
Loyz Energy Limited (Loyz Energy or the Group), the Singapore-based upstream energy group has expanded its concession portfolio with a newly awarded petroleum service contract for Area 14, located off the shores of the Philippines. Area 14, a 9,839 km2 block is one of 15 blocks, offered by the country’s Department of Energy for the [...]
Eco Atlantic has, through its wholly- owned subsidiary, signed three Joint Operating Agreements with NAMCOR, the National Petroleum Corporation of Namibia, and Azimuth Ltd. (“Azimuth”), an exploration and production company backed by majority-owner Seacrest Capital Ltd. and Petroleum Geo-Services ASA (“PGS”). The Agreements were signed with respect to the Guy, Sharon and Cooper license blocks [...]
Italy’s Eni signed Exploration and Production Sharing Contracts with the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus, for Blocks 2, 3 and 9
Chevron Corporation announced today that its China subsidiary has entered into production sharing contracts (PSC) with China National Offshore Oil Corporation (CNOOC) for two exploration blocks in the South China Sea’s Pearl River Mouth Basin. Under the PSC agreements, Chevron China Energy Company will hold a 100 percent interest in blocks 15/10 and 15/28 in [...]
The Norwegian authorities on Friday received all the applications for Awards in Predefined Areas 2012 (APA 2012). A preliminary count indicates that 47 companies have applied for acreage. This result shows that there is still considerable interest in new acreage and previously awarded and explored areas in predefined areas in the North Sea, the Norwegian [...]
Providence Resources P.l.c. an Irish based oil and gas exploration company, has announced that site survey operations are about to commence on its Spanish Point acreage (FEL 2/04) in the Main Porcupine Basin, off the west coast of Ireland. The work is being carried out by Chrysaor (Ireland) Ltd (‘Chrysaor’) on behalf of the Spanish [...]
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Providence Resources P.l.c., the Irish oil and gas exploration and production company, has, together with its partner Lansdowne Oil and Gas plc (“Lansdowne”), a new licensing option over five part blocks adjacent to the Barryroe oil field, by the Irish Department of Communications, Energy and Natural Resources. Licensing Option 12/4 (“Option”) is located to the [...]
Chevron Corporation announced that its wholly owned subsidiary Chevron Global Energy Inc. (Chevron) will be assigned a 50 percent working interest in Blocks 42 and 45 offshore Suriname through an agreement with Kosmos Energy. Under the agreement, Kosmos will have a 50 percent working interest and remain operator of both blocks until the end of [...]
