South Korea’s Hyundai Heavy Industries has won a US$1.94bn contract from Abu Dhabi Marine Operating Company (ADMA OPCO) to build an offshore oil and gas platform in the UAE capital
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
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 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 has entered into a joint venture with Qatar Petroleum (QP) to enhance oil recovery from the offshore Al Khalij field
