Tullow Oil has bought 90% stakes in four onshore blocks in Cote d’Ivoire, the company said on October 12. Cote d’Ivoire’s Petroci has the remaining 10% stakes. The blocks – CI 518, CI519, CI301...
CH2M has won marine engineering support work on the Tortue gas field development, offshore Mauritania and Senegal, the service company announced on October 5. Kosmos Energy discovered the Tortue...
Production from Cameroon’s Logbaba field has increased by 11.4% year on year in the first half, Victoria Oil & Gas said last week. Production averaged 413,500 cubic metres per day in the first...
Angola LNG (ALNG) has signed another sales agreement, this time with Glencore, it announced on September 20. The company has also signed deals with RWE and Vitol this month.
Africa Energy has bought an effective 10% stake in Namibia’s Petroleum Exploration Licence (PEL) 37, from Australia’s Pancontinental Oil & Gas. Announcing the move on...
The Fatala-1 well off Guinea has failed to find hydrocarbons. The failure was announced on September 8 by the US operator, Hyperdynamics. This news marks the end of the company’s hopes in Guinea,...
A joint venture between Nigeria’s National Petroleum Corp. (NNPC) and Total Exploration and Production Nigeria (TEPNG) has signed an agreement to build Nigeria’s first “mini LNG...
During July, Nigeria produced 1.8 million bpd of oil, excluding condensates. “We continue to have challenges,” Emmanuel Ibe Kachikwu said. “Some of our pipelines are old, so these are basically...
Differing opinions on Nigeria’s production cost from Nigerian National Petroleum Corp. (NNPC) underscored problems within the company’s understanding.
Atwood Oceanics has agreed to provide its Atwood Achiever rig to Kosmos Energy for one well, at an undisclosed day rate, the drilling company said on August 9. The rig is currently under contract...
OMV has closed the sale of a 50% stake in the Ashtart oilfield, offshore Tunisia, to Perenco, it announced on August 2. The price of the deal was not made public.
Saipem has won offshore contract variations at Egypt’s Zohr field, the company said on July 27. The service company said the work was worth US$900 million and covered engineering, procurement,...
Tanzania’s state-owned energy companies appear to be making progress in paying down debts according to recent statements from Wentworth Resources and Aminex.
Cairn Energy has discovered oil at its FAN South-1 well, offshore Senegal, although there seem to be questions over whether it will be commercially viable – similar to the earlier FAN-1 discovery...
Swiss-based and Chinese-owned Addax Petroleum has settled charges from the Geneva’s Public Prosecutor’s Office with a payment of 31 million francs (US$32.2 million). A statement...
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