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Drilling & production - 21 November 2011

BP awarded two exploration blocks offshore Indonesia

BP confirmed today that it has been awarded two oil and gas production sharing contracts (PSCs) by the Government of Indonesia. The company has been awarded 100% interests in the offshore West Aru I and II PSCs in the Arafura Sea, Indonesia.

 
 
 

Wärtsilä in talks to buy regas firm

Wärtsilä is in advanced discussions with Hamworthy regarding an 825 pence per ordinary share cash offer. Hamworthy are producers of ship based LNG regasification systems.