London. Dana Petroleum PLC (DNX.LN), an independent oil company, said Wednesday it has signed an agreement with BG International Ltd. (BG.LN) to acquire a 50% interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt.

Oslo. The Petroleum Safety Authority Norway (PSA) has given ConocoPhillips Skandinavia AS (COPSAS) consent to carry out well work on Ekofisk 2/4 Bravo with the mobile drilling facility Mærsk Gallant.

London. BP will sell its gas fields and gas pipeline in Vietnam, as well as assets and exploration licenses in Pakistan, as part of its effort to cover the cost of the Gulf of Mexico oil spill, a spokesman for the company said Tuesday.

London. BP Plc on Wednesday denied a report its heavily criticised chief executive would soon leave, after the company lined up $7 billion (4.58 billion pounds) in asset sales to help pay for the worst oil spill in U.S. history.

Moscow. Russia's Gazprom Neft plans to hold a series of tenders for oil servicing companies for the development of the Badra oilfield in eastern Iraq, the head of Gazprom Neft Middle East Projects said on Monday. "Our plan is to begin a seismic survey in Badra in the fourth quarter of this year," Alexander Kolomatsky told the Dow Jones agency.

Oslo. Foster Wheeler AG announced that its Global Engineering and Construction Group has entered into a Framework Agreement, awarded by Statoil, acting on behalf of Gassco AS as operator for the Gassled joint venture, for front-end engineering design (FEED) services valid through 2013 to support the development of the Karsto oil and gas processing plant in Norway.

Moscow. Russia's oil-producing region of Bashkortostan rubberstamped President Dmitry Medvedev's preferred candidate for its new leader today, formally ending 17 years of rule by one of the last independence-minded leaders of the 1990s.

Roma. Technip says that its wholly-owned subsidiary Duco Ltd. has been awarded by BP Exploration Operating Company Ltd a contract, worth approximately €14 million, for the Andrew field development. This field is located 230 kilometers north east of Aberdeen, in the United Kingdom North Sea, at a water depth of 100-120 meters.