Regional News: West Africa

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Resource Upgrade at SNE Discovery Following Independent Report
Monday, February 08, 2016 Best estimate 2C contingent resources at Cairn's SNE oil discovery increase by 42% to 468 million barrels of oil.

Aje One Step Closer to First Oil
Thursday, February 04, 2016 The Aje field offshore Nigeria is one step closer to achieving first oil, following the completion of work on the asset's FPSO.

IMF Says Ready to Lend to African Oil Producers; No Requests Yet
Tuesday, February 02, 2016 The International Monetary Fund says it stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests from the region.

Sterling Withdraws from Mauritania Block
Friday, January 29, 2016 Sterling Energy Mauritania Limited submits a notice of withdrawal to its joint venture partners in relation to Block C-3, offshore Mauritania.

Kosmos Energy Makes 'Significant' Gas Find Offshore Senegal
Wednesday, January 27, 2016 The Guembeul-1 exploration well, located in the northern part of the St. Louis offshore profond license area in Senegal, has made a "significant" gas discovery.


MX Oil Receives Offer for Nigerian Investment
Monday, January 25, 2016 MX Oil receives a formal offer from "a credible third party" for the whole of its Nigerian investment.

Despite Oil Glut, Tullow Launches Huge New Deepwater Production Vessel
Thursday, January 21, 2016 Tullow Oil plans to send one of the world's biggest floating deepwater oil production platforms to West Africa to pump crude for at least 20 years.

Swiber's Subsidiary Acquires 38% Stake in Nigeria's Deltatek Offshore
Wednesday, January 20, 2016 Singapore's Swiber Holdings acquires 38 percent interest in Nigeria's services provider Deltatek Offshore Limited.

SNE Appraisal Program Offshore Senegal Continues with SNE-3 Drilling
Tuesday, January 19, 2016 Drilling operations at the second appraisal well on the SNE oilfield have begun, following the completion of SNE's first appraisal well, SNE-2.

Interfax: Russia's Lukoil Leaving Projects in Ivory Coast
Friday, January 15, 2016 Russia's second-largest oil producer, Lukoil, is leaving its project in the Ivory Coast, according to news agency Interfax.

Exploration, Production Activity in West Africa in 2016
Friday, January 15, 2016 Rigzone highlights the key exploration and production activity scheduled to take place in West Africa this year.

Tullow: TEN Project Over 80% Complete, CAPEX Reduction in 2016
Wednesday, January 13, 2016 Tullow announces that it will be reducing its capital expenditure in 2016 and that the TEN field, located offshore Ghana, is over 80% complete.

Ophir Energy Appoints New Regional Directors
Wednesday, January 13, 2016 Ophir Energy appoints 2 new regional directors, Dr. John Bell and Dr. Oliver Quinn, with immediate effect.