Regional News: West Africa
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Wingat-1 Well Disappoints
Tuesday, May 21, 2013 Galp Energia reports that Wingat-1 exploration well, offshore Namibia, has failed to find commercial oil.
Noble Energy Sings Praises for Carla Well
Tuesday, May 21, 2013 Noble and partners sidetrack the Carla discovery in Block I offshore Equatorial Guinea.
Kosmos Comes Up Dry Onshore Cameroon
Tuesday, May 21, 2013 Kosmos Energy fails to find commercial hydrocarbons at its Sipo-1 exploration well, onshore Cameroon.
Kosmos Wraps Up Ndian River Block Campaign
Monday, May 20, 2013 Kosmos Energy Ltd. announces results from the Sipo-1 exploration well onshore Cameroon.
Lekoil Plans to be Pan-African Player
Friday, May 17, 2013 Junior oil company Lekoil raises $49 million on Londonís Alternative Investment Market as it seeks to become a pan-African oil and gas player.
Lekoil Farms into OPL 310
Tuesday, May 14, 2013 Afren and Lekoil have completed a farm-out agreement for OPL 310 license situated offshore Nigeria.
Nigeria Oil Bill Could Deter $109B if Investment
Thursday, May 09, 2013 Landmark legislation intended to reform Nigeria's oil sector is set to introduce harsh fiscal terms that could deter $109B worth of new investment in the coming years, according to Nigeria's oil industry trade body.
Sirius Secures Off-Take Deal with Glencore
Friday, May 03, 2013 A deal with Glencore enables Sirius Petroleum to fund the development of near-term production assets offshore Nigeria.
Noble Finds Oil at Carla South
Thursday, May 02, 2013 Noble Energy encounters oil in good quality sandstones at the target level at the Carla South exploration well in Block I.
Rialto Energy, Vantage Drilling Agree to $12.4M Settlement
Wednesday, May 01, 2013 Under the terms of the settlement, Rialto will pay Vantage an amount equivalent to 75 days of an operating rate.
BP Angola Project $4B Over Budget
Monday, April 29, 2013 BP's deepwater oil project off the coast of Angola is $4 billion over budget, according to a newspaper report.
Total Strikes Oil off Ivory Coast
Thursday, April 25, 2013 Total reports that its Ivoire-1X exploration well, offshore Ivory Coast, West Africa, has found 92 feet of net oil pay.