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Issue 191 - 24 July 2010

Bowleven positive on IE-3 appraisal


Edinburgh-based Bowleven has announced positive early results from the IE-3 appraisal well on the Etinde permit.


COTE D’IVOIRE: Vanco declares force majeure; GUINEA: Hyperdynamics secures drillship

Guinea | Côte d'Ivoire
Issue 248 - 14 February 2013

Madagascar: Morondava Basin survey


Chinese seismic company BGP is acquiring 2D seismic in the Morondava Basin using the BGP Challenger vessel. The company, a subsidiary of China National Petroleum Corporation, said the new 13,300km long offset survey was adjacent to recent giant gas discoveries in Mozambique and Tanzania.


Egas has awarded four out of seven offshore blocks in its latest bidding round, while a string of new finds sets the stage for EGPC’s June licensing round, writes Nadine Marroushi. The state-owned Egyptian Natural Gas Holding Company (Egas) has awarded four deep-water offshore exploration blocks to IOCs who submitted bids in early February for acreage in the gas-prone Mediterranean Sea. BG Group won the 281km2 Block 1

Issue 183 - 26 March 2010

Bid round, Vaalco drilling


The Sapphire Driller jack-up rig has started drilling the first of four wells on the Etame permit for Houston-based Vaalco Energy.


The Serious Fraud Office (SFO) decision to drop its 17-month long investigation into Soma Oil and Gas has comprehensively cleared the company of the corruption allegations levelled against it by the United Nations Somalia and Eritrea Monitoring Group (SEMG) and leaves hanging the question of why these allegations were made in the first place. The company is now free to finalise negotiations over production sharing agreements for a number of offshore blocks as soon as a new federal government is in place in Mogadishu. Its management then hopes to raise finance by farming out part of its interest and to start drilling as quickly as possible.

Issue 151 - 28 November 2008

New exploration block awards


Ganoub El Wadi Holding Petroleum Company (Ganope) has given Gujarat State Petroleum Corporation (GSPC) operatorship of three exploration blocks. GSPC, in consortium with Hindustan Petroleum Corporation Ltd (HPCL) and Oil India Ltd, has been awarded Block 3 South Quseir and Block 4 South Sinai.

Issue 154 - 09 January 2009

Puntland democracy confounds IOCs


Like so many frontier explorers confronted by the credit crunch, the group looking for oil in Somalia’s semi-autonomous Republic of Puntland are facing an uphill task to keep funding ticking over. But Australian minnow Range Resources and Canadian farm-in partner Africa Oil Co


Ghana National Petroleum Corporation (GNPC) is to take over the Ghana National Gas Company (GNGC) to create a new gas subsidiary as part of its expansion plans, finance minister Seth Terkper told parliament on 19 November.The minister said the consolidation would reduce the financing conditions imposed by investors. He said the government planned to appoint a transaction adviser for the process and ask them to advise on integrating the Tema Oil Refinery and the Bulk Oil Storage and Transportation Company.


Gazprom has announced a start date for work on the long-awaited Kudu gas-to-power project, and NamPower has raised more funds in the domestic market, boosting confidence in Namibia’s ability to meet domestic demand and play a significant role in the regional industry, write Thalia Griffiths in Cape Town and Kevin Godier

Issue 246 - 17 January 2013

Gabon: Oil find for Harvest


Operator Harvest Natural Resources has made an oil discovery with the Dussafu Tortue Marin-1 well on the Dussafu Marin Block. Partner Panoro Energy said the well was spudded on 19 November to test the potential of the pre-salt Gamba and Dentale formations.


Despite mixed results from its recent exploration efforts, Russia’s Lukoil has underlined its commitment to the Gulf of Guinea with a new production-sharing agreement offshore Côte d’Ivoire

Côte d'Ivoire
Issue 132 - 08 February 2008



AMINEX: Egypt, Tanzania drilling plans; STERLING: Board changes

Egypt | Madagascar | Gabon | Tanzania
Issue 145 - 06 September 2008

Kingfisher reserves upgrade likely


Block 3A operator Heritage Oil expects to upgrade reserves for the Kingfisher field following the drilling of the Kingfisher-2 appraisal well.

Issue 201 - 21 January 2011

Puntland drilling this year


Africa Oil Corporation has extended its production-sharing agreements (PSAs) with the unrecognised republic of Puntland for the Dharoor Valley Nugaal Valley exploration areas.