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Perupetro contracts seismic reprocessing from Spectrum

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Posted by admin 24 days ago (http://feedproxy.google.com)
Perupetro, the state oil company of Peru, has contracted Spectrum to reprocess existing 2D offshore seismic data with a view toward an upcoming bid round.

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Chevron signs deal to exit Dutch North Sea

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Posted by admin 27 days ago (http://feedproxy.google.com)
Chevron Netherlands Holdings has agreed to an offshore asset transfer with Petrogas International E&P, a subsidiary of Oman-based Petrogas E&P LLC.

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UK focus must return to offshore changes following Scotland decision

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Posted by admin 27 days ago (http://feedproxy.google.com)
Scotland’s decision to remain part of the UK has removed some of the uncertainty for the sector’s offshore asset owners, according to analysts Wood Mackenzie. 

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Egypt awards further Nile Delta block

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Posted by admin 27 days ago (http://feedproxy.google.com)
Petroceltic International and Edison International have secured the offshore North Port Fouad block under the Egyptian Natural Gas Holding Co. 2013 International Bid Round.

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PTTEP to take stake in deepwater Espirito Santo basin block offshore Brazil

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Posted by admin 27 days ago (http://feedproxy.google.com)
PTTEP has agreed to acquire a 20% interest from Shell in the deepwater BM-ES-23 concession in Brazil’s Espirito Santo basin.

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Greece approves western offshore license award

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Posted by admin 27 days ago (http://feedproxy.google.com)
The Greek Parliament has ratified a license agreement for hydrocarbon exploration and exploitation at the Katakolon block offshore western Greece.

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Offshore drilling campaign targets Bualuang Thailand prospects

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Posted by admin 27 days ago (http://feedproxy.google.com)
Salamander Energy has conditional approval of an environmental impact assessment (EIA) involving exploration drilling in the G4/50 license in the Gulf of Thailand.

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Four-bank Loan Allows Egypt to Pay Foreign Operators

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Posted by admin 13 days ago (http://www.petroleumafrica.com)
After receiving a $1.4-billion loan from four banks, Egypt has paid $1.5 billion of its debt to foreign oil and gas firms. The loan, deriving from the National Bank of Egypt, Commercial International Bank, the Arab African Bank, and Qatar National Bank, helped the country reduce its debt owed to foreign oil firms to around […]

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