Search results

Selected filters:

General

Type

Sector

Regions

Sort options

3,745 results found for your search

Issue 175 - 27 November 2009

Logbaba drilling hits gas pay

Subscriber

Victoria Oil & Gas (VOG) says it has hit around 27 metres of gross sandstone pay at a depth of 1,839 metres during the drilling of the La-105 well at its Logbaba gas and condensate project in Douala.

Cameroon
Issue 174 - 13 November 2009

Shell moves into deepwater

Subscriber

Petroleum Agency of South Africa (Pasa) has announced two awards following a licensing round earlier this year.

South Africa
Subscriber

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

Namibia
Issue 174 - 13 November 2009

Reprocessing deal ahead of 2010 bid round

Subscriber

Norway’s Spectrum has signed an agreement with the state Office des Mines Nationales et des Industries Stratégiques (Omnis) to reprocess 6,000 line km of seismic data. The surveys include data offshore the west, south, and east coasts, and are located over the Morondava and Majunga basins, Cap Sainte-Marie and Ile Sainte-Marie.

Madagascar
Subscriber

The state’s Instituto Nacional de Petróleo (INP) has launched a fourth licensing round, offering seven onshore areas.

Mozambique
Subscriber

UK private company Surestream Petroleum has just been awarded Burundi Block B, on the north-east side of Lake Tanganyika, in addition to Block D which it already holds. Surestream, which sponsors the Burundi national football team, was founded in

Burundi
Subscriber

Gabon is hoping to tap its pre-salt potential with its tenth licensing round due to open on 4 May offering 42 deepwater blocks (AE 162/1). The round has been expected for some time but has been delayed by political developments.

Gabon
Subscriber

The Orca and Tweneboa results will be highly significant for Ivorian Lebanese architect Pierre Fakhoury, who has just acquired 3D seismic on his highly prospective deepwater Block CI-100, which lies immediately south of CI-401 adjacent to Côte d’Ivoire’s border with Ghana. He will need a farm-in partner to finance a well but is dragging his feet, reluctant to surrender his independence. Fakhoury designed the huge basilica in the political capital of Yamoussoukro for Côte d’Ivoire’s late president Félix Houphouët-Boigny, and was more recently awarded a series of infrastructure contracts for the expansion of Abidjan port and for new government buildings in Yamoussoukro.

Côte d'Ivoire
Subscriber

Despite international condemnation of the killing of scores of unarmed protesters, Guinea has attracted a credible offshore farm-in partner in Dana Petroleum, write Thalia Griffiths and our Conakry correspondent. But can IOCs overlook the country’s governance record, or will China’s promised infrastructure package win the day?

Guinea
Issue 173 - 30 October 2009

Suitors line up for Kosmos stake

Subscriber

As the battle for previously unfashionable West African assets heats up, Ghana National Petroleum Corporation (GNPC) is talking to potential suitors for Kosmos Energy’s 23.5% stake in the Jubilee field. Kosmos says it has a binding agreement with ExxonMobil, but GNPC says it has a right of first refusal over the deal.

Ghana | Sierra Leone | Liberia
Subscriber

Rick Schmitt has resigned as president of Lundin affiliate Africa Oil Corporation to become president and CEO of Black

Issue 173 - 30 October 2009

Sterling clears debt with US sale

Subscriber

Sterling Energy has sold its producing US assets for $90m, enabling it to clear its debt. The UK-based company plans to focus on higher impact opportunities in Africa and the Middle East,

Subscriber

Mogadishu-based Transitional Federal Government (TFG) prime minister Omar Abdirashid Ali Sharmarke has said that all contracts, including energy contracts, signed by the semi-autonomous Republic of Puntland,

Somalia
Issue 173 - 30 October 2009

Oando in Gazprom tie-up

Subscriber

Fast-growing local player Oando has signed a memorandum of understanding (MoU) with Russia’s Gazprom to collaborate in the development of oil and gas assets and infrastructure in the West African region and the Gulf of Guinea.

Nigeria
Subscriber

Sonatrach has shortlisted four companies – Technip, Sinopec, CB&I Lummus and Saipem with Chiyoda Corporation – for the front-end engineering design (FEED) study on its long-awaited Tiaret refinery, now planned to produce 15m t/yr of products. In a 19 October tender opening overseen by Sonatrach director-general Mohammed Meziane, the names of the engineering, procurement and construction (EPC) bidders to revamp the Algiers refinery were also announced, representing progress in downstream vice president Abdelhafid Feghouli’s long-awaited plans to raise domestic refining capacity.

Algeria