Indonesian oil and gas firm MedcoEnergi has agreed to purchase a subsidiary of Toronto-based Chinook Energy Inc for more than US$114mn, which would lead the company to develop oil and gas blocks in Tunisia
Exploration & Production
Saudi Aramco awards ARGAS three-year seismic contract
Arabian Geophysical and Surveying Company (ARGAS) has been awarded a major three-year contract by Saudi Aramco for a high-density land seismic program, the French geoscience company CGG announced today
Circle Oil spuds its first well offshore Tunisia
Circle Oil has announced that it has started drilling its first exploration well El Mediouni-1 (EMD-1) on the Mahdia Permit offshore Tunisia
Oryx Petroleum hits oil again in Kurdistan Region of Iraq
Oryx Petroleum has spudded the Banan-2 appraisal well (BAN-2) in the Hawler Licence Area in Kurdistan Region of Iraq
Lukoil signs addendum to Iraqi oilfield contract
Russia’s Lukoil has signed an addendum to the contract for development and production of oil in Iraq’s West Qurna-2 field
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