Repsol to abandon Cuba
Spanish company Repsol has announced that it is to abandon operations offshore Cuba after a test well came up dry.
Exploration - 30 May 2012
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Kuwait Energy group wins Block 9 after Iraqi bidding round
A group led by Kuwait Energy has won Block 9 in Iraq’s latest oil and gas bidding round. Tougher contracts could be scaring off investors.
Eni makes major oil discovery in Egypt’s Western Desert
Eni has made a significant oil discovery at the Emry Deep exploration prospect, located in the Meleiha Concession, in the Western Desert of Egypt, 290 km south west of Alexandria.