Penn West to sell Slave Point assets for $148 million

Penn West Petroleum Ltd., Calgary, has agreed to sell its properties in the Slave Point area of northern Alberta to an undisclosed buyer for $148 million in cash. Source: News

New Zealand offers five petroleum permits in 2016 tender

New Zealand Petroleum & Minerals (NZPM) has launched its 2016 petroleum block offer tender, which includes four offshore release areas and one onshore release area collectively covering 525,515 sq km. Source: News

Pemex advances ULSD project at Minatitlan refinery

Pemex Transformacion Industrial (formerly Pemex Refinacion), the processing arm of Mexico’s state-owned Petroleos Mexicanos (Pemex), has let a contract to Tecnicas Reunidas SA, Madrid, for work related to the second phase of the country’s ultralow-sulfur diesel (ULSD) project at the 185,000-b/d Lazaro Cardenas refinery near Minatitlan, Veracruz state. Source: News

Offshore Abu Dhabi to be evaluated in 4-year work program

Austria’s OMV AG said it signed a technical evaluation agreement with Abu Dhabi National Oil Co. (ADNOC) and Occidental Petroleum Corp. for several undeveloped oil and gas fields in northwest offshore Abu Dhabi. Source: News

Gorgon off Western Australia ships first LNG cargo

The Chevron Australia-led joint venture at the Gorgon and Jansz-Io field project on Barrow Island offshore Western Australia has shipped its first cargo of LNG. Source: News