The National Oil Corporation (NOC), along with the major international oil company ExxonMobil, signed a new Memorandum of Understanding (MoU) after a decade of halt. Under the MoU, ExxonMobil will conduct a detailed t...
TotalEnergies acquired PETRONAS interests in multiple blocks offshore Malaysia and in one block offshore Indonesia. The blocks are still under operations of exploration, appraisal and development programs. According t...
As part of the first pillar of the Ministry of Petroleum and Mineral Resources’ strategy to attract investments, increase natural gas production, and create incentives for promising frontier, the Egyptian Natura...
Eni has signed contracts with the Ministry of Mines, Oil and Energy of Côte d’Ivoire in Abidjan to acquire four new exploration blocks in the country’s offshore region. The blocks, named CI-504, CI-526, CI-706, and CI...
QatarEnergy has announced signing a farm-in agreement with ExxonMobil to acquire 40% participating interest in two exploration blocks offshore Egypt. According to the agreement, QatarEnergy is set to acquire a 40% sta...
Wintershall Dea was awarded two offshore blocks: S-M-766 and C-M-845, in Santos and Campos basins in Brazil’s 16th bid round for oil and gas exploration blocks, According to Wintershall Dea’s press release. “We are ve...
Qatar Petroleum Company agreed with Italian giant Eni to acquire stakes in Morocco’s offshore blocks, Reuters reported. Under the agreement, Qatar Petroleum will hold 30% interest in the Tarfaya Shallow Exploration Pe...
Mubadala Petroleum signed the Production Sharing Contract (PSC) with its Thai partner PTTEP Energy Development Company Limited (PTTEP ED) for offshore Block G1/61, Mubadala announced on February 26. The offshore block...
The Abu Dhabi National Oil Company (ADNOC) awarded two offshore blocks to Eni and PTT Exploration and Production Public Limited (PTTEP) for oil and gas exploration and production (E&P), Pipeline Oil and Gas Magazi...
Somalia will launch its first hydrocarbon licensing round early 2017 targeting offshore blocks. Somalia’s Minister of Petroleum and Mineral Resources, Mohamed Mukhtar Ibrahim, unveiled details on the plans for a 2017 ...