Pathfinder Hydrocarbon Ventures Limited has signed an exclusive option agreement with Oil and Gas Investments Funds (OGIF) to farm into the eight gas exploration blocks comprising the Tendrara Lakbir Licence Area onshore Morocco
Exploration & Production
Kuwait to ‘drill for heavy oil’
Kuwait has revealed plans to start drilling for heavy oil so that the Arab state can produce up to 60,000 bpd by 2017, according to an official from the state-owned Kuwait Oil Company
Oman to award six onshore oil blocks for development
The Oman government has announced that it is in advanced stages of negotiations with international oil companies for the awarding of six onshore oil and gas blocks for development on a production sharing basis
Otis Energy and Mitsui E&P Middle East sign Yemen Block 7 deal
Otis Energy Limited has signed an agreement with Mitsui E&P Middle East BV for the latter to get an 8.5 per cent working interest in Yemen’s Block 7
Genel Energy makes commercial oil find in Kurdistan Region of Iraq
Anglo-Turkish oil and gas firm Genel Energy has confirmed a commercial oil discovery at the sidetrack of its Ber Bahr-1 exploration well on the Ber Bahr Block in the Kurdistan Region of Iraq