Yemen finalises 18 international firms to bid for 20 oil blocks
Yemen has announced that it has allowed 18 international oil companies to bid for its 20 onshore and offshore blocks in its sixth auction
E&P
Freepoint Commodities buys two offshore oil and gas blocks for US$110 million offshore US
Freepoint Commodities, an energy and metals trading house, has announced that it has acquired two offshore oil and gas blocks for US$110mn oil in the US Gulf of Mexico
Petrel Resources to own 20 per cent stake in Iraq’s Amira Hydrocarbons
Exploration firm Petrel Resources has announced that it will acquire a 20 per cent stake in Amira Hydrocarbons
Longreach Oil & Gas awards rig contract to Saipem for Moroccan wells
Longreach Oil & Gas has announced that it has signed a drill contract with Italian firm Saipem for two wells on the Sidi Moktar Exploration Licence Area onshore Morocco
Kuwait Energy reports 52 per cent rise in Q2 2013 revenue
Oil and gas explorer Kuwait Energy has reported a revenue of US$77.6mn for Q2 2013, up 52 per cent on the same period last year
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