US supermajor ExxonMobil and Qatar Petroleum signed an exploration and production sharing contract with the government of the Republic of Cyprus for Block 10. Block 10 PSC signing. Image from Qatar Petroleum…
Africa-focused Impact Oil and Gas farmed out 65% participating interest in a production sharing contract (PSC) and associated joint operating agreement in the AGC Profond block in the offshore joint development zone between Senegal and Guinea-Bissau to CNOOC UK…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
Houston independent Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), and the government of the Republic of Guinea have entered into a one-year extension for a production sharing contract (PSC) offshore Guinea. The deal marks a second amendment to the 2006 PSC…
Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…
Sterling Energy is to withdraw from the Block C-3 joint venture, offshore Mauritania. The move will see Tullow Oil take over Sterling's 40.5% share in the production sharing contract (PSC) for Block C-3. Upon completion, the holders of the PSC will be: Tullow (Operator) 90%…
Private equity funded Black Platinum Energy will move ahead with its plans for appraisal and development activities to prove up its shallow gas plays in East Natuna, offshore Indonesia, despite current industry conditions. Plans include drilling one exploration well…
Australia's Woodside Energy has agreed to acquire 65% interest in a joint development area off Senegal and Guinea-Bissau. The deal, with UK minnow Impact Oil & Gas, covers the production sharing contract (PSC) and associated joint operating agreement on the AGC Profond block…
Lundin Malaysia signed farm-out agreements (FOA) with certain wholly owned subsidiaries of DYAS for part of its working interests across three production sharing contracts (PSC) in Malaysia. The FOA covers Blocks PM328, SB307/308 and…
Sterling Energy's subsidiary Sterling Energy Mauritania Ltd. (SEML) has submitted a notice of withdrawal to its joint venture partners in Block C-3, offshore Mauritania. As part of the withdrawal, SEML will assign its entire 40.5% participating…
Equatorial Guineas’ Ministry of Mines, Industry and Energy, on behalf of the government of Equatorial Guinea signed a production sharing contract (PSC) with ExxonMobil E&P Equatorial Guinea (Offshore) and GEPetrol for Block EG-06, offshore Bioko Island…
KrisEnergy, an independent upstream oil and gas company, announces that it has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea. Image from KrisEnergy…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
China National Offshore Oil (CNOOC) signed a production sharing contract (PSC) with Husky Oil Operations (China) for Block 15/33 in the South China Sea. Block 15/33 is located in the Pearl River Mouth Basin of the South China Sea. The…
Image: map of Mauritania block C-10/Sterling Energy Sterling Energy has announced that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary…
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