Statoil has signed an agreement with an affiliate of ExxonMobil to transfer 35% of its interest in Statoil operated Block 2 in Tanzania. Statoil now holds 65% interest in the 11,099 square kilometers block.
Tap Oil announced that it has entered into a Petroleum Agreement to secure a 36% interest and Operatorship of the Offshore Accra Contract Area, off the coast of Ghana, Africa.
Dana Petroleum, the oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, is pleased to report its preliminary results for 2009.
RWE Dea AG has completed its seismic campaign in the Concession Area 58 on the Cyrenaica Plateau in Libya. The seismic survey had started in July last year.
J. Ray McDermott, S.A. (J. Ray), a subsidiary of McDermott International, Inc., has been awarded a project to upgrade crude gathering and power supply facilities in Saudi Aramco's Safaniya field.
Melrose Resources plc, the oil and gas exploration, development and production company with interests in Egypt, Bulgaria, Romania the United States of America, France and Turkey, announced its annual results for the year ended 31 December 2009.
Statoil, the Norwegian explorer said that it finalized the heavy work of the offshore lifting of two wellhead platforms on the Peregrino oilfield off Brazil.
Adco, Abu Dhabi National Oil Company, Adco announced that it signed a $560.4 million oilfield development contract with the UAE's National Petroleum Construction Company (NPCC).
China National Petroleum Corporation (CNPC) and Royal Dutch Shell plc (Shell) announced plans to jointly develop and produce natural gas in China’s Sichuan basin.
RAK Petroleum said that it found gas in the Hamrat Duru-4 appraisal well in Block 30 onshore Oman. Hamrat Duru-4 is the first appraisal well drilled to test the Shuaiba reservoir on the Hamrat Duru structure as the primary target.