Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

bp and SOCAR sign MOU on two blocks in Caspian Sea

Fossil Energy – Azerbaijan

On September 20 bp and SOCAR (The State Oil Company of Azerbaijan Republic) signed a memorandum of understanding (MOU) in Baku announcing bp’s intention to join agreements on two exploration and development blocks in the Azerbaijan sector of the Caspian Sea.

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Indonesia awards 2 oil and gas blocks to Conrad Asia Energy

Fossil Energy – Indonesia

Indonesia awarded two oil and gas exploration blocks located off northern Sumatra coast to Conrad Asia Energy on Tuesday, a senior energy ministry official said to Reuters, the first awarded this year.

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