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Summit Exploration and Production has announced the farmout of UK Central North Sea Licence P.2382 (Block 22/14c) to Dana Petroleum. Licence P.2382 contains the K2 prospect a low-risk, gas, exploration target that is within close proximity to established infrastructure. ....
Petrobras reports that National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has approved the Búzios Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Agreement and the Production Sharing Contract of the Transfer of Rights Surplus for the Búzios field, in the Santos Basin pre-salt. ....