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Bahrain state oil firm Noga signed an exploration and production sharing agreement (EPSA) with Italy’s Eni this week. The agreement signed on 1 May covers the offshore Block 1 to the north of the island kingdom (see map), for which Eni initially signed an MoU in January ( MEES, 18 January ).
This week also saw French major Total sign an MoU with state firm Tatweer Petroleum covering “ongoing exploration and production activities in the recently discovered unconventional Khalij Al-Bahrain basin, as well as training and development of professionals from Tatweer Petroleum in the fields of LNG trading and oil and gas exploration and production.”
That itself came just a few weeks after Chevron signed a letter of intent (LoI) with Bahrain covering evaluation of the Khalij Al-Bahrain’s unconventional assets and potential LNG imports ( MEES, 5 April ). (CONTINUED - 562 WORDS)