Petronas Gets O&G Exploration Licenses

Wednesday, March 08, 2006
The government on March 6 awarded two petroleum exploration licenses to Malaysian Oil and gas exploration company Petronas over two blocks located in Sindh. According to the agreement, the company will start exploration activities in these blocks for $11.5 million. The agreement was signed by Secretary Petroleum Ahmed Waqar, DG Petroleum Concession Muhammad Naeem Malik and Country Director Petronas Muhammad Johari on behalf of their organizations. (Source: PakTribune.com)

Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

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MISC Enters Thai Offshore O&G Market

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Navy

Iran Vessels Make 'High Speed Intercept' of US Ship

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Shots Fired: US Navy Ship Warns Iranian Vessel

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Iran Defends Encounter with US Warship

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