Iraqi oil ministry seeks refinery bids

Iraq’s Ministry of Oil is seeking international bids for construction of a 70,000 b/d refinery near Hadditha in Anbar Province. Source: News

OMV to acquire Shell’s upstream business in New Zealand

OMV AG, Vienna, reported it would acquire from Royal Dutch Shell PLC the supermajor’s upstream assets in New Zealand for $578 million. The deal adds recoverable resources of as much as 100 million boe to OMV’s portfolio, the company said. Source: News

Oil field in Philippines called commercial

The Philippines Department of Energy and privately held China International Mining Petroleum Co. Ltd. have declared an oil and gas discovery on southern Cebu Island commercial.  Source: News

Regulator axes trans-India gas pipeline

India’s Petroleum and Natural Gas Regulatory Board has revoked authorization for state-owned GAIL (India) Ltd. to lay a 2,112-km pipeline to carry imported natural gas from the west to east coasts.  Source: News

Feasibility study due for Mozambican refinery

Empresa Nacional de Hidrocarbonetos EP (ENH), Mozambique’s state-owned oil company, has completed a tender seeking expressions of interest (EOI) from consultants to conduct a study evaluating the feasibility of constructing what would become the country’s first refinery.  Source: News

EnerVest MLP seeking reorganization

EV Energy Partners LP, a publicly traded master limited partnership created by EnerVest Ltd., Houston, has proposed a prepackaged plan of reorganization under bankruptcy protection. The plan would exchange $343 million of debt with equity in 95% of the reorganized company. Source: News