Sharjah National Oil Corporation is to keep 25% stakes in areas A and C as well as a 50% interest in area B, daily The National reported.
The news comes months after the emirates of Ras Al Khaimah and Abu Dhabi announced their first licensing rounds. The deadline for bids is November 18.
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PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
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