Brazil’s 11th bidding round for onshore and offshore exploration rights, its first in 5 years, auctioned 142 blocks and drew bids totaling a record $1.4 billion.
Anadarko Petroleum Corp.-led groups have drilled a new natural gas accumulation near the center of Offshore Area 1 in the Rovuma basin offshore Mozambique and encountered noncommercial oil shows off northern Kenya.
Production has begun from the first phase of development of Manifa oil field offshore Saudi Arabia and is expected to reach 500,000 b/d by July.