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Oman to sign 4 oil concession agreementsOman’s Ministry of Oil and Gas will sign four agreements with oil companies for concession areas, a report said. The agreements will be signed with Oman Oil Company Exploration and Production (OOCEP), Occidental Oman for con More… |
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Firms show huge interest in Abu Dhabi offshore concessionAbu Dhabi National Oil Company (Adnoc) is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine Operating Company (Adma- More… |
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Oman signs oil concession deal with local firmOman's government signed on Thursday an exploration and production-sharing agreement for an oil and gas block with local producer Hydrocarbon Finder. Hydrocarbon Finder, which is taking over Block 7 from Petrogas, aims to ramp More… |
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UAE to take full control of Adco oilfieldsAbu Dhabi National Oil Company (Adnoc) will take full control of the Adco oil concession when the decades-old partnerships with some of the world's bigest oil companies ends in a few days' time, two industry sources said on Wednesday. More… |
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Cosmo to get 30-year Abu Dhabi extensionCosmo Oil Co said on Tuesday that one of its subsidiaries was close to finalising a 30-year extension on its stakes in three oil fields in Abu Dhabi and the granting of a new concession area in the emirate. Cosmo, one-fi More… |
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Saudi extends Chevron oil concessionSaudi Arabia's cabinet has given final approval to an agreement that extends an oil concession held by US major Chevron in its Neutral Zone shared with Kuwait. The concession is the only oil production deal that survived the Saudi national More… |
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Eni Libya concessions extended, to invest $14bnLibya will extend oil and gas concessions with Italian oil and gas major Eni for 25 years from 2008, the company said in a statement on Tuesday, with cuts to the percentage of oil payments for costs. Eni and NOC will each invest $14 billio More… |
