Regional News: West Africa
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FMC Commissions First All Nigerian-Built Subsea Production Tree
Wednesday, November 26, 2014 The Bonga Northwest Development will feature the first subsea production trees engineered, manufactured, tested, installed and serviced by FMC Technologies entirely in Nigeria.
Ghana Gives Eni Green Light For $6B Offshore Gas Project
Monday, November 24, 2014 Ghana's government gives Italy's energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points block.
Russia's Lukoil to Invest in Nigerian Project with Chevron
Friday, November 21, 2014 Russia's second-largest oil company, privately controlled Lukoil, plans to invest in Nigeria with U.S. oil major Chevron Corp., part of its push to seek opportunities away from Russia's state-dominated oil sector.
Statoil Takes $350M Hit on Angola Exploration Halt
Friday, November 21, 2014 Norway's Statoil is halting exploration in Angola after poor drilling results, retreating from an offshore area it had high hopes for and capping a poor year for exploration.
Exxon Mobil in Final Talks with Ivory Coast Over Two Oil Blocks
Friday, November 21, 2014 Ivory Coast is finalising production sharing agreements with oil company Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea, a senior official with the country's energy ministry tells Reuters.
Eni Signs Angolan Gas-Development Deal
Monday, November 17, 2014 Italy's Eni signs a strategic agreement with Sonangol to co-operate on the development of Angolan gas resources.
Soco International Cuts Full-Year Production Guidance
Thursday, November 13, 2014 Africa-focused Independent oil explorer lowers its production guidance for 2014 to between 13,300 and 13,800 barrels of oil per day.
Tullow Reviews African Assets To Cut Costs As Oil Prices Tumble
Wednesday, November 12, 2014 Tullow Oil places some of its African offshore drilling projects under review as it plans to cut exploration costs to deal with tumbling oil prices.
BMT Lands ExxonMobil's Contract for Angola's Offshore Kizomba Project
Tuesday, November 11, 2014 BMT lands maintenance services contract from ExxonMobil for Kizomba project's two tension leg platforms offshore Angola.
Cairn Strikes Oil Again Offshore Senegal
Monday, November 10, 2014 Cairn Energy makes a second oil discovery offshore Senegal to follow up its FAN-1 well's 'substantial' oil find in early October.
India's ONGC Videsh Eyes Stake in Tullow Oil's Africa Assets
Thursday, November 06, 2014 India's ONGC Videsh is looking to buy a stake in the assets of Africa-focused explorer Tullow Oil.
SOCO's Congo Well 'Significantly Exceeds' Expectations in Test
Tuesday, November 04, 2014 SOCO International says its Lidongo Marine 101 ST1 exploration well, offshore Congo, 'significantly exceeded' expectations on testing.