-- Statoil approved for Aasgard exploration well Statoil ASA plans to drill by February the 6507/11-8 exploration well on the Aasgard oil and gas development in the Norwegian Sea. The Norwegian Petroleum Safety Authority approved the project Jan. 17.
-- Fortune tests Liulin Block's CBM potential Fortune Oil plans to frac a coal seam confirmed in two appraisal wells on Liulin Block in China's Shanxi province and will test its potential for coalbed methane production.
-- Guinea Hyperdynamics Corp., Houston, was attempting to interest potential farmees in a 31,000 sq mile concession in the Atlantic off nonproducing Guinea that it has held for several years.
-- Indonesia to renegotiate Total's Mahakam contract Indonesian Energy Minister Purnomo Yusgiantoro has instructed officials to prepare to negotiate for better terms for the government when the contract for the Mahakam block off Borneo expires in 2017.
-- Pakistan awards two exploration licenses Pakistan has granted two petroleum exploration licenses (PELs) to a joint venture of Orient Petroleum International Inc. (OPII) and Zaver Petroleum Corp. Ltd. (ZPCL) for the 1,793 sq km Marwat Block 3170-2 and 2,360 sq km Maharvi Block 2972-3.
-- Victoria has gas-condensate find in Russia Victoria Oil & Gas PLC, London, reported a gas-condensate discovery on the 1,224 sq km West Medvezhye license in the Yamal region of Western Siberia, Russia.
-- Woodside drops drilling Sokwe South well in Kenya Woodside Energy (Kenya) Pty. Ltd. will not drill the Sokwe South well in Kenya because it did not find hydrocarbons at the nearby Pomboo well, joint venture partner Global Petroleum Ltd. said.
-- Melrose to drill three wells off Bulgaria Melrose Resources PLC will start drilling three exploration wells in late March off Bulgaria using the Atwood Southern Cross semisubmersible drilling rig.
-- Indian ministry spikes ONGC-BG exploration deal The proposed alliance between BG Group and Indian state firm Oil & Natural Gas Corp. (ONGC) for jointly exploring three deepwater blocks in the Krishna-Godavari (K-G) basin has been rejected by India's Ministry of Petroleum and Natural Gas.