Kuwait’s overseas oil producing arm has agreed a deal to sell its Norwegian assets to Polish energy group Orlen.
“This new partnership in Block 3 empowers KUFPEC to boost its offshore assets and exploration activities in Egypt.”
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has recently issued a pre-qualification tender announcement for the provision of conceptual and pre-FEED engineering studies for the development of its Anambas offshore block in Indonesia.
Ranhill Worley will provide front-end engineering and design (FEED) services for PTT Exploration & Production’s (PTTEP’s) Lang Lebah development offshore Malaysia in a deal worth MYR43 million (US$9.4 million).
Kuwait Foreign Petroleum Exploration Company’s (KUFPEC’s) recent exploration discovery at its Anambas-2X well in the Anambas Block offshore Indonesia has posted even better flow rates than initially announced.
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has made its first operated offshore exploration discovery with its Anambas-2X well in the Anambas Block offshore Indonesia.
Medco Energi, which operates South Natuna Sea Block B, will share a jack-up drilling rig with four other operators offshore Indonesia as part of a pact that will save millions of dollars.
UK-based upstream player Harbour Energy has restarted development well drilling at its Natuna Sea Block A offshore Indonesia after operations were suspended due to a helicopter accident last week.
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
ExxonMobil's UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter.
Cheiron has begun producing crude from a new field in Egypt’s southern Gulf of Suez, following the GNN oil discovery.
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.