- 22 February 2012BHP gets Philippines go
Australia’s BHP Billiton has been given approval by the Philippines government to acquire a 60% operating stake in deepwater exploration area Service Contract 55 (SC 55).
- 22 February 2012Jubilant spuds India probe
Jubilant Energy has spudded the Kathalchari-NE (KL-NE) well on the Tripura Block in the Assam-Arakan Basin, India.
- 22 February 2012Uganda farm-out sealed
Tullow Oil has completed the farm-down of 66.
- 21 February 2012URS to buy Flint
US engineering and construction company URS plans to buy Canada’s oil services player Flint Energy Services for US $1.
- 21 February 2012Sumatra gas find
Indonesia’s state player Pertamina E&P has made a gas discovery with the Lavatera-1 exploration well in the PAFE Pagardewa area of South Sumatra.
- 21 February 2012Otto bags Tanzania stakes
Australia’s Otto Energy is buying 50% stakes in two Production Sharing Agreements (PSAs) onshore Tanzania from partner Swala Oil and Gas.
- 20 February 2012GeoGlobal Indian sale
Canada’s GeoGlobal Resources plans to offload equity in four blocks onshore Indian to compatriot Fire Creek Resources for around US $50m, according to reports.
- 20 February 2012Go-ahead for Barents plugging
Norway’s Petroleum Safety Authority has given Statoil the green light to plug well 7222/11-1 in the Barents Sea with the Aker Barents rig.
- 20 February 2012Northern gears up for Adriatic
Northern Petroleum said today that it is continuing to prepare to drill on its offshore Italy acreage.