Iraq Invites Foreign Companies to Bid for 11 Gas Blocks in New Areas

• Monday, 19th June 2023
• by Israa Ibrahim

Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported.

PETRONAS Awards Six Blocks for E&P in Malaysia 

• Thursday, 23rd December 2021
• by Fatma Ahmed

PETRONAS anounced that it has been awarded six  blocks  for exploration and production (E&P) operations from 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.

South Sudan Launches First Oil Licensing Round

• Thursday, 24th June 2021
• by Fatma Ahmed

The Ministry of Petroleum (MoP) of South Sudan announced the launch of the first oil licensing round.

PETRONAS Launches Malaysia Bid Round 2021

• Monday, 1st March 2021
• by Fatma Ahmed

PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 under the theme “Grow Your Energy Portfolio With Us” through a virtual event to open more investment opportunities for ...

Kenya Creates 17 New Oil Exploration Blocks

• Wednesday, 18th May 2016
• by Egypt Oil & Gas

Kenya has created an extra 17 new oil exploration blocks, bringing its total to 63, and aims to auction them in a licensing round in 2017.

Uganda Bid Round Meant to Launch Country as Major Oil Producer

• Wednesday, 12th August 2015
• by Egypt Oil & Gas

The Ugandan government announced on Tuesday that it had authorized 16 international firms to bid for oil exploration rights in six blocks

Petsec Energy to Acquire Yemen Blocks

• Sunday, 19th April 2015
• by Egypt Oil & Gas

Petsec Energy has executed an agreement with Oil Search Limited to acquire all the shares of its subsidiary Oil Search (ROY) Limited which holds a 34% participating interest in Block 7, Al Barqa Permit, in the Republ ...

Algeria to launch first offshore blocks

• Sunday, 10th June 2012
• by Egypt Oil & Gas

Algeria intends to launch a licensing round including offshore blocks for the first time within the next two years, according to Minister of Energy and Mining of Algeria, Youcef Yousfi.

Kenya: BG Group signs Production Sharing Contracts for offshore Blocks L10A and L10B

• Thursday, 19th May 2011
• by Egypt Oil & Gas

BG Group has signed Production Sharing Contracts with the Government of Kenya for two offshore exploration blocks - L10A and L10B. BG Group will be operator on both blocks and will hold a 40% equity interest in Block ...