Mubadala Petroleum will sell its entire stake in a Thai oil block to an upstream oil and gas firm KrisEnergy for US$102.5mn
Exploration & Production
Frontier Resources identifies exploration areas in Oman’s Block 38
Frontier Resources has completed seismic data interpretation for onshore Block 38 in Oman and has identified a number of potential exploration targets
Saudi Arabia to build three new oil refineries
Saudi Aramco has announced that it is building three new refineries with a capacity of 400,000 bpd each in Saudi Arabia
Oil found in Oryx Petroleum’s license area in Kurdistan Region of Iraq
The Demir Dagh-3 well (DD-3) and Demir Dagh-5 well (DD-5) located at Hawler License area in Kurdistan Region of Iraq have proven hydrocarbon presence, according to Oryx Petroleum
First Sahara Energy to sell its entire stake in Moroccan block to Maxim Resources
Maxim Resources has entered into a heads of agreement (HOA) with First Sahara Energy (FSE) to acquire its 100 per cent interest on the Beni Znassen Block in Morocco
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