Iraq has approved an oil exploration deal with Kuwait Energy, replacing a previous agreement with the Turkish Petroleum Corporation (TPAO), which was reportedly cancelled due to Iraq’s deteriorating relationship with Turkey
Exploration & Production
Pura Vida sells stake in offshore Morocco permit
Australian oil and gas explorer, Pura Vida, has agreed to sell a 52 per cent stake in its Mazagan exploration permit, offshore Morocco
PXP signs agreement to participate in exploration offshore Morocco
Plains Exploration & Production Company (PXP) has announced it has entered into a agreement to participate in exploration activity offshore Morocco
TAQA completes purchase of stake in Kurdistan Region of Iraq block
Abu Dhabi National Energy Company (TAQA) has completed its US$600mn acquisition of a 53.2 per cent operating stake in the Atrush oil exploration block in the Kurdistan Region of
Oil Search sells 40 per cent stake in Yemeni field to Total
Oil Search has completed the sale of its 40 per cent interest in Block 3 (Gardan) in Yemen to Total for US$44mn