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
Exploration firm Petrel Resources has announced that it will acquire a 20 per cent stake in Amira Hydrocarbons
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
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
China’s PetroChina has announced that it will develop Iraq’s West Qurna oilfield with ExxonMobil and that it is in talks with Lukoil to buy another project in the field
