-- PTTEP, Myanmar sign exploration agreement Thailand's PTTEP has signed an agreement with Myanmar to begin production from gas reservoirs off the country's southern coast in the Gulf of Martaban.
-- Methanex seeks Chilean gas as Argentina hikes tax Methanex has signed an agreement with Chile's Empresa to accelerate gas exploration and development on the Dorado Riquelme exploration block and to supply gas to Methanex's production facilities.
-- Verenex eyes commerciality in Libya's Ghadames Verenex Energy Inc., Calgary, contemplates the southern part of Area 47 in Libya's Ghadames basin as the core for an initial production phase of up to 50,000 b/d of oil by early 2010.
-- MKJ Xploration to explore off Nicaragua Nicaragua has signed a 6-year contract with Louisiana-based MKJ Xploration for exploration and development of offshore crude oil and natural gas fields.
-- Federal judge orders polar bear decision by mid-May Offshore oil and gas exploration in Alaska's Chukchi Sea could face delays or even be halted after a US federal judge ordered DOI to decide within 2 weeks whether to list polar bears as an endangered species.
-- Addax sees FPSO at Ofrima North off Nigeria A combination of discoveries at Ofrima North 50 km south of Brass, Nigeria, justifies standalone development with an FPSO and subsea tiebacks, said Addax Petroleum.
-- OMV secures offshore Tunisia exploration license OMV AG has agreed to acquire an exploration license off Tunisia from Thani Tunisia Sidi Mansour BV, bringing OMG's total to two exploration licenses and five production licenses.
-- Endeavour starts 2008 drilling with Galtvort well Endeavour International Corp. has spudded the Galtvort exploration well on Norwegian Production License 348 in the Norwegian North Sea to kick-start its aggressive drilling program this year.
-- Dana makes oil discovery on West Rinnes structure Dana Petroleum will sidetrack well 210/24a-11 into the neighboring East Rinnes structure on Block 210/24a in the northern UK North Sea after discovering oil on the West Rinnes structure.