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Petronas offers 13 blocks in Malaysia's highly prolific basins at upcoming MBR 2021


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch next Friday (Feb 26).
The national oil company said in a statement today that included are six discovered fields to incentivise investors to undertake more extensive exploration activities within those blocks.
This year’s MBR also offers four deepwater blocks adjacent to the coast of Sarawak and Sabah which saw prominent exploration discoveries in recent years.
Petronas said the MBR 2021 launch will be held virtually in Kuala Lumpur and live-streamed to three different markets namely North America, United Kingdom and Europe, as well as Asia Pacific.

Kuala-lumpur , Malaysia , United-states , United-kingdom , America , Mohamed-firouz-asnan , Petroliam-nasional-bhd-petronas , Asia-pacific , Mohamed-firouz , Petronas , Malaysia-petroleum-management , Energy-portfolio

Norway awards O&G exploration rights to 30 firms


4:54 PM MYT
Firms that won licences included Equinor, Shell, Aker BP, ConocoPhillips, Total, Lundin Energy, Aker BP and Eni's Vaar Energi, among others.
OSLO: Norway awarded 61 offshore exploration blocks to 30 oil firms in its latest pre-defined areas (APA) licensing round, Energy Minister Tina Bru said on Tuesday.
Firms that won licences included Equinor, Shell, Aker BP, ConocoPhillips, Total, Lundin Energy, Aker BP and Eni's Vaar Energi, among others.
"These companies have shown great interest in gaining access to new exploration acreage, illustrating the industry's confidence in continued profitability from exploration on the Norwegian continental shelf," Bru said of the applicants.

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