Lukoil Adds to Sierra Leone Assets

Russia's Lukoil announced late Wednesday that it has acquired a 25-pecent stake in an exploration and development project offshore Sierra Leone.

Lukoil said it bought the stake in the SL-4B-10 offshore block, which is located in the waters of the Gulf of Guinea, from Canada's Talisman Energy – the operator of the project. Other partners in the project include Malaysia's Petronas (25%) and the UK's Prontinal (20%).

The SL-4B-10 block, with an area of approximately 850 square miles and in water depths ranging from 330 feet to 9850 feet, borders block SL-05-11, where Lukoil is the operator.

Prospecting and exploratory drilling is currently being conducted on a structure known as "Djembe" within the SL-4B-10 block with the rig Stena DrillMax (UDW drillship)



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Circle Oil Agrees Repayment Extension (Jun 24)
 -  MOL Group Makes Pakistan Gas Discovery (Jun 24)
 -  Statoil to Launch Training Tool for 50... (Jun 24)
 -  Atkins Wins Engineering Support Servic... (Jun 23)
 -  NZEC Plans to Boost Exploration, Appra... (Jun 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Shop Foreman, Service, Technology, & Rentals-Decommissioning
Expertise: Drilling Foreman / Drilling Supervisor
Location: Morgan City, LA
 
District Representative III
Expertise: Business Development|Sales
Location: Houston, TX
 
District Representative III - UCR
Expertise: Business Development|Sales
Location: San Antonio, TX
 
search for more jobs

Light Crude Oil : $50.11/BBL 1.99%
Natural Gas : $2.69/MMBtu 0.74%
Brent Crude Oil : $50.91/BBL 2.06%
Updated in last 24 hours