First Sahara Energy has announced that it has been invited to finalise an oil and gas reconnaissance license contract for the Beni Znassen Block by Morocco’s Ministry of Energy and Mines (ONHYM)
Exploration & Production
ADMA OPCO awards Umm al-Lulu Phase 2 contract to AMEC
Abu Dhabi Marine Operating Company (ADMA OPCO) has awarded AMEC a project management consultancy (PMC) services contract for the offshore Umm al-Lulu Phase 2 project in the UAE
Dragon Oil wins oil and gas block offshore Egypt
UK-listed Dragon Oil has announced that the Egyptian government has awarded it an oil and gas block offshore the North African country
Pertamina buys ConocoPhilips’ share in Algerian block
Indonesia’s Pertamina has acquired ConocoPhillips’ Block 405a onshore Algeria for US$1.75bn, making it its first major acquisition overseas
Lukoil to start Iraqi oilfield production in 2014, double output
Lukoil has announced that it will launch production at the West Qurna-2 field in Iraq in 2014, in order to double its oil output