China National Petroleum Corp (CNPC) has withdrawn from developing Phase 11 of the South Pars gas field, offshore Iran, following a host of delays on the project
Exploration & Production
PetroChina obtains 40 per cent interest in Qatar’s Block 4
Qatar Petroleum (QP) has signed an agreement authorising PetroChina Investment to acquire 40 per cent of the exploration and production rights to Qatar’s Block 4 Exploration and Production Sharing Agreement (EPSA) from GDF Suez Exploration Qatar
Eurasia Drilling acquires two onshore rigs in Iraq
Russian drilling company Eurasia Drilling Co (EDC) has acquired two onshore drilling rigs in Iraq and is considering the option to acquire a third rig
Gulak-1 exploration well spudded in Northern Iraq
Kalegran Limited has spudded the Gulak-1 exploration well at the Akri-Bijeel block in the Kurdistan Region of Iraq
JV onshore Tunisia permit renewed for further three years
ADX Energy and Gulfsands Petroleum have had their joint venture Chorbane exploration permit onshore