Africa | Egypt Oil & Gas - Part 38
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 ...
African Petroleum’s Offshore Prospects in Côte d’Ivoire and Liberia
African Petroleum Corp. has released data from an assessment of its prospective oil resources done by ERC Equipoise Ltd.
Energy Subsidies in Mena Region Drop by $60 billion
Energy subsidies in the Mena region have fallen by US$60 billion and could continue to decline should oil prices drop further, a senior IMF official has said. 
