blocks

  • PETRONAS Launches Malaysia Bid Round 2021

    PETRONAS Launches Malaysia Bid Round 2021

    Monday, 1st March 2021

    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 investors to explore and exploit hudrocarbon resource potentials in Malaysia.

  • Kenya Creates 17 New Oil Exploration Blocks

    Kenya Creates 17 New Oil Exploration Blocks

    Wednesday, 18th May 2016
    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

    Uganda Bid Round Meant to Launch Country as Major Oil Producer

    Wednesday, 12th August 2015
    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

    Petsec Energy to Acquire Yemen Blocks

    Sunday, 19th April 2015
    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 Republic of Yemen, and is the designated operator of the block
  • Algeria to launch first offshore blocks

    Algeria to launch first offshore blocks

    Sunday, 10th June 2012
    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

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

    Thursday, 19th May 2011
    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 L10A and a 45% interest in Block L10B. The initial work programme consists of a commitment to acquire seismic data during an initial exploration period of two years.