Baraka Energy & Resources has been informed by Statoil Australia that Statoil has decided to withdraw from any further activity in the permits EP 127 and EP 128.
PA Resources has been successful in the U.K.’s 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d.
Petrobras has completed the sale of 100% of the shares of PEP to CNPC.
BP Egypt has been awarded two new exploration blocks as a result of the 2013 EGAS bid round.
PA Resources has reached an agreement to dispose of its 30% interest in Netherlands offshore blocks Q7 and Q10a to Tulip Oil.
BHP’s withdrawal in April was disclosed on page 76 of the Melbourne-based company’s annual report on Sept. 25.
Faroe Petroleum has provisionally been awarded two new exploration licenses on the U.K. Continental Shelf in the U.K.'s 28th Offshore Licensing Round.
Companies make plans for seismic work in search of finding oil and gas offshore.
JKX Oil & Gas Plc has been awarded a further five-year term to its Zaplavskoye exploration license.
Pan Orient Energy Corp. has entered an agreement to sell its 50% equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Co. Ltd. of Bangkok, Thailand, for $42.5 million.
3Legs Resources Plc has concluded the sale of its entire interest in its three eastern Baltic Basin concessions to a subsidiary of Stena AB.
The company expects permits for its onshore exploration in the Emilia Romagna region to be issued in the first half of next year.