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The Polisario Front’s government-in-exile, the Saharawi Arab Democratic Republic (SADR), has protested to Norway’s Fugro-Geoteam and the US’ Kosmos Energy over their contract to acquire seismic offshore the disputed Western Sahara (AE 151/16).
As the deadline for solving the toughest challenges of Sudan’s peace agreement looms, both north and south are facing sharp falls in oil income, writes Thalia Griffiths.
Oando Exploration and Production Ltd has announced the payment of $197m to Agip for a 15% stake in OML 125 and OML 134, which it said made it the first indigenous company to participate in a producing deep offshore oil block.
FMC contract for Block 18 work; Dana Gas makes new gas/condensate find; Three new finds for Apache; New find on NW Gemsa
Despite the turmoil hitting global markets, Tullow Oil says its $2bn debt refinancing is well advanced and is targeted to complete in February.
Heritage Oil and Tullow Oil have announced their largest discovery so far in the Lake Albert Rift Basin (AE 154/18).
Tullow Oil and Kosmos Energy have announced that the Hyedua-2 appraisal well on the Deepwater Tano Block flowed at a stable rate of 16,750 b/d of 37° API gravity crude and 21m ft3/d of associated gas.
Libya’s opening up has impressed international oil companies, but the Jamahiriya (State of the Masses) retains its capacity to surprise investors. Newspapers Al-Shams
Major oil companies who declared force majeure on their Somali assets in the 1990s are reviving their claims to blocks in the unrecognised but peaceful Republic of Somaliland (AE 152/15).
The announcement that a Dubai company is to ‘invest $16bn’ in Nigeria serves as a reminder of the extent that Gulf investors have sought out new business in Africa.
The safest pair of hands in the Nigerian oil industry, Rilwanu Lukman, has finally stepped down from his formal industry role as chairman of fast-rising, AIM-listed independent Afren
Russia’s state-controlled Gazprom has said it will invest $120m in exploration of the El Assel perimeter, which it secured in the seventh bid round on 13 December.
ANGOLA: Pipelines contract for LNG plant; ANGOLA: Technip to expand Angoflex; GHANA/CAMEROON: USTDA study; MADAGASCAR: Enermad farms out to Niko Resources; MOROCCO: Canamens takes Essaouira blocks; NAMIBIA: Key pulls out; SIERRA LEONE: Elixir takes over after Prontinal fails to pay; UGANDA: Tower farms out Area 5; UGANDA: Heritage spuds Giraffe
Still in expansion mode despite the global downturn, Italy’s Eni has returned to Gabon, acquiring six new exploration licences covering more than 8,000km2 offshore and onshore.
Sharjah-based Dana Gas has announced a gas and condensate find at its El Basant-2 well in the Nile Delta, 1.4km north-east of the El Basant-1 discovery (previously known as El Tawil-1) in the West El Manzala Concession.
