Africa | Egypt Oil & Gas - Part 38
EnQuest Halts Investment in Tunisia
EnQuest Plc has exited from its small investment in Tunisia. In May 2013, EnQuest agreed to acquire interests in the Didon producing oil field and the Zarat permit, from PA Resources AB and certain of its subsidiarie ...
OPIC Plan for Liberia Biomass Collapses
BUCHANAN, Liberia (AP) — On paper, the pitch was simple: A renewable energy company backed by $217 million in U.S. government loans would convert one of Africa's poorest countries into the world's first biomass-drive ...
Eni Leases $2.54-billion Contract for Ghana FPSO
Eni SPA unit Eni Ghana Exploration & Production Ltd. has let a $2.54-billion contract to Malaysia’s Yinson Holdings Bhd. for the chartering, operation, and maintenance of a floating production, storage, and offloadin ...
Total Extends Contract for Accommodation Vessel in West Africa
ANTWERP, Belgium – Exmar says Total has signed an extension of its contract for the accommodation barge OTTO 5 until mid-2017.
Lekoil Studies Otakikpo Oil Reserves Offshore Nigeria
LAGOS, Nigeria – Lekoil (AIM: LEK) has received an addendum to the Competent Persons Report on the Otakikpo marginal field by AGR TRACS International Ltd. The revision considers the approval by the Nigerian Ministr ...
Genel Energy Scratches off Malta, Angola, Morocco Programs
Genel Energy says it will pull out of its drilling programs offshore Malta, Angola, and Morocco and record a non-cash exploration write-off of around $480 million in its 2014 accounts.
Arawak Halts MENA Cooperation Agreement with Gulfsands
Gulfsands Petroleum plc has provided an update with respect to its relationship with Arawak Energy International Ltd. concerning their strategic cooperation agreement for the acquisition and development of new busine ... Kenya Discovers Oil and Gas in Epir-1 Exploration Well
Tullow Oil PLC encountered oil and wet gas shows over a 100-m interval of non reservoir quality rocks—demonstrating a working petroleum system—by way of the Epir-1 exploration well on Block 10BB in the North Kerio ba ...
