Qatar Petroleum International (QPI) has signed a memorandum of cooperation with Shell following the purchase of the latter’s 23 per cent of stake in oil project — BC-10 or Parque das Conchas — offshore Brazil for US$1bn
Exploration & Production
TransGlobe discovers oil in Egyptian concession
TransGlobe has discovered oil in its first exploration well — NWG 1 — on Lower Nukhul located at North West Gharib (NWG) concession in Egypt
Chariot Oil & Gas signs farmout agreement with Woodside for offshore block in Morocco
Chariot Oil & Gas Investments (Morocco) Limited has signed a farmout agreement with Australia’s exploration and production company Woodside for Rabat Deep Offshore licence area
Total E&P Qatar signs agreement with Qatar Petroleum
Total E&P Qatar has entered into a joint venture with Qatar Petroleum (QP) to enhance oil recovery from the offshore Al Khalij field
Maxim Resources acquires full interest in Moroccan oil block
Canadian oil and gas company Maxim Resources has acquired full interest of a reconnaissance contract on the Hassi Berkane block in Morocco