Saipem has been awarded new onshore drilling contracts worth approximately US$500mn in Saudi Arabia, South America and Kazakhstan, including the utilisation of thirteen rigs, three of which will be new purpose-built units
Exploration & Production
Genel signs agreement for offshore Mir Left block
Genel Energy has signed a petroleum agreement and association contract for the Mir Left offshore block in Morocco with the Office National des Hydrocarbures et de Mines (ONHYM)
Repsol to resume drilling in Libya
Spanish oil firm Repsol is preparing to recommence drilling in Libya in early 2013, adding to signs that the country’s key industry is making a comeback following the 2011 civil war
Qatar Petroleum and Total extend Al Khalij partnership
Qatar Petroleum and Total have signed an agreement to extend their partnership by 25 years on the Al Khalij field, located offshore Qatar
Iraq and Pakistan Petroleum sign exploration deal
Iraq has signed a five-year gas exploration contract with Pakistan Petroleum that gives the Pakistani company the right to explore gas block 8, which covers an area of 6,000 sq km in eastern Iraq