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Lebanon's new government on Wednesday passed two decrees that will see offshore oil and gas exploration tendering restart after a protracted hiatus since 2013.
Oman Oil Company’s exploration unit and Shell Exploration signed agreement to collaborate on exploration activity for Oman Block 42.
Rosneft and the Iraq’s Kurdistan Regional Government signed agreements widening their cooperation in exploration and production of hydrocarbons, commerce and logistics.
Eni won exploration rights for an offshore block in Oman and the energy company also signed an oil and gas exploration agreement with Oman’s energy investment arm.
Iran is preparing to announce over the next three month its first round of oil and gas exploration tenders since the easing of economic sanctions, an Iranian energy official said according to Reuters.
Kuwait Foreign Petroleum Exploration Company (KUFPEC) said its Norwegian unit has signed an agreement to buy a 15 per cent stake in offshore gas field Gina Krog for US$317 million from Total.
Egypt has signed three oil and gas exploration deals for 16 new fields in the Western Desert worth at least US$81.4 million with Royal Dutch Shell and the U.S.-based Apex International Energy.
Houston-based Frontera Resources, an independent oil and gas exploration and production company, said it has signed a concession agreement with the government of Moldova for exploring, producing and developing hydrocarbon resources in the country’s…
Russian oil company Lukoil said it signed preliminary agreements with National Iranian Oil Company (NIOC) state oil firm to carry out exploration studies through its subsidiary in Iran.
AGR Software said it has signed a contract with Dana Gas for the energy firm to use its software for deep water exploration in Egypt.