-- ONGC seeks to be global oil and gas player ONGC ChairmanSubir Raha"Our thrust to procure more oil and gas equity at a global level was made possible by the deregulation of the oil sector in India last year. Now we have reached a stage where we cannot afford to stagnate; we either have to grow or fall by the wayside."
-- Oman awards design engineering contract The Petroleum Development Oman (PDO) joint venture awarded Dutch engineering consultant Tebodin BV a 4-year contract to provide design-engineering services for PDO oil and gas developments.
-- Murphy acquires additional acreage off Malaysia Murphy Sabah Oil Co., Ltd., a wholly owned subsidiary of El Dorado, Ark.-based Murphy Oil Corp., has signed two production sharing contracts with Malaysia's Petronas Carigali Sdn. Bhd.
-- Petrotech prepares for Block Z-6 seismic off Peru US-financed PetroTech Peruana SA is holding two hearings for environmental impact studies in March before beginning a marine seismic survey of Block Z-6's Sechura basin off northern Peru.
-- Norwegian North Sea Statoil ASA is selling its interests in two production licenses at the southern end of the Norwegian continental shelf to Paladin Resources Norge.
-- Peru obtains loan for Camisea project Inter-American Development Bank signed a $5 million loan to the Peruvian government to help fund a $7.2 million project to strengthen state companies monitoring the Camisea natural gas project.