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Issue 200 - 17 December 2010

Production up at Shukheir Bay

Subscriber

Citadel Capital’s upstream oil and gas arm, National Petroleum Company (NPC), has increased production from the Shukheir Bay field, 125km north of Hurghada on the western coast of the Red Sea, by 1,700 b/d

Egypt
Issue 200 - 17 December 2010

SacOil, EER farm into OPL 233

Subscriber

South Africa’s SacOil Holdings has signed a farm-in agreement with Nigdel United Oil Company to acquire a 20% working interest in the OPL 233 licence off the coast of the central delta region and adjacent to the Apoi field

Nigeria
Issue 200 - 17 December 2010

First oil, but no law yet

Subscriber

President John Evans Atta Mills led a ceremony to start the flow of oil from the Jubilee field on 15 December, amid celebrations in Ghana and warnings from transparency campaigners that the country still has no oil law

Ghana
Issue 200 - 17 December 2010

Sonatrach lined up for BP asset sale

Subscriber

Algiers’ push for greater ownership of strategic projects looks likely to scupper TNK-BP’s bid for the UK supermajor’s In Salah and In Amenas assets.

Algeria
Issue 200 - 17 December 2010

Hyperdynamics finds new Guinea partner

Subscriber

Guinea offshore operator Hyperdynamics said on 16 December it was in talks with a new potential partner for its 25,000km2 concession

Guinea
Issue 200 - 17 December 2010

TGS plans multi-client 3D

Subscriber

TGS-Nopec has announced plans for a multi-client 3D survey in blocks 5 and 6 offshore Benin

Benin
Subscriber

Despite concerns over a possible change of administration in April 2011, and controversy over the impending Petroleum Industry Bill, which promises a radical shake-up of the energy sector, international oil companies continue to seek investment in Nigeria’s oil and gas sector

Nigeria
Issue 200 - 17 December 2010

New field for Shell

Subscriber

President Ali Bongo Ondimba has inaugurated a new field in southern Gabon for Royal Dutch Shell which will increase the country’s production by 10%

Gabon
Subscriber

The government has reintroduced controls on retail fuel prices, 16 years after liberalising the market. Energy minister Kiraitu Murungi said the decision was reached after the government lost confidence in the ability of oil marketers to regulate pump prices independently and fairly.

Kenya
Issue 200 - 17 December 2010

East West farms into Burg El Arab

Free

Kuwait Energy Company has sold a 20% stake in the Burg El Arab concession in the Western Desert to East West Petroleum Corporation

Egypt
Issue 200 - 17 December 2010

Ophir, BG well discovers gas

Subscriber

BG Group announced on 1 December that its second Tanzanian exploration well, Chewa-1, had also discovered gas

Tanzania
Issue 200 - 17 December 2010

Africa Oil buys Centric

Subscriber

Africa Oil Corporation has snapped up Centric Energy Corporation, adding assets in Kenya and Mali to its growing portfolio, in a cash and shares deal valuing the company at C$60m

Kenya | Ethiopia | Mali
Issue 200 - 17 December 2010

Dry well for M&P

Free

Dominion Petroleum has announced that the Kianika-1 well on the Mandawa production-sharing agreement has reached a planned depth of 3,040 metres

Tanzania
Issue 200 - 17 December 2010

BP’s new rig to drill offshore in 2011

Free

BP expects to start drilling offshore Libya next year as soon as its freshly commissioned drilling ship Pride Deep Ocean Ascension is ready

Libya
Issue 200 - 17 December 2010

Vitol to market Jubilee crude

Subscriber

Vitol SA has been awarded the contract to be the exclusive marketer of Tullow Oil’s share of production from the Jubilee field

Ghana