Britain is ready to force the sale unless it receives unspecified assurances within the next week.

Libya is caught up in a conflict between two rival governments, and several of its oil ports and oilfields have been hit in battles.

Mexico will alter terms of oil blocks being auctioned this year in response to criticism from prospective bidders that crude’s rout made original requirements onerous.

The Bureau of Ocean Energy Management will offer more than 21 million acres offshore Texas for development. 

DualEx continues to work towards conducting a 100 sq km 3-D seismic survey on the Ktitir prospect within the Bouhajla permit, and is actively seeking partners to participate in this project.

PL338C contains the Gemini prospect which is currently being drilled with the Island Innovator rig.

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Regulators are working out the details of the agreement as lease sales approach on both sides of the border.

An Israeli government panel recommended that Delek Group Ltd. and Noble Energy Inc. sell part of their stakes in the offshore Tamar gas field.

The country plans to offer additional acreage onshore and offshore later this year.

Given lower oil prices, Mexico is carefully choosing which fields will be part of each round.

The farm-in agreement was originally announced Sept. 18, 2013.

Block C-3 offshore the Islamic Republic of Mauritania is the focus of a sale and purchase agreement.