The first experimental offshore well has been drilled as deep as 1,500 meters north of Damietta in the Mediterranean as research indicated oil and gas reserves in this area, according to a report Petroleum Minister E ...
Petronas' South African unit Engen said on Wednesday it had halted all imports of crude from Iran after deciding the sanctions placed on the Middle Eastern country were a risk to its security of supply.
Malaysia's state-run oil company Petronas has signed a transition agreement with the government of the Republic of South Sudan to allow it to continue operations on blocks previously awarded by the Republic of Sudan.
BG Egypt today announced the start of gas production on 17 October 2011 from the Phase 8a Deepwater Development Project. The Project is within the West Delta Deep Marine Concession (BG Group 50%, PETRONAS 50%) locate ...