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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
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
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
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.
Guinea offshore operator Hyperdynamics said on 16 December it was in talks with a new potential partner for its 25,000km2 concession
TGS-Nopec has announced plans for a multi-client 3D survey in blocks 5 and 6 offshore Benin
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
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%
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.
Kuwait Energy Company has sold a 20% stake in the Burg El Arab concession in the Western Desert to East West Petroleum Corporation
BG Group announced on 1 December that its second Tanzanian exploration well, Chewa-1, had also discovered gas
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
Dominion Petroleum has announced that the Kianika-1 well on the Mandawa production-sharing agreement has reached a planned depth of 3,040 metres
BP expects to start drilling offshore Libya next year as soon as its freshly commissioned drilling ship Pride Deep Ocean Ascension is ready
Vitol SA has been awarded the contract to be the exclusive marketer of Tullow Oil’s share of production from the Jubilee field