Regional News: West Africa

Tuesday, May 21, 2013 Galp Energia reports that Wingat-1 exploration well, offshore Namibia, has failed to find commercial oil.

Tuesday, May 21, 2013 Noble and partners sidetrack the Carla discovery in Block I offshore Equatorial Guinea.

Tuesday, May 21, 2013 Kosmos Energy fails to find commercial hydrocarbons at its Sipo-1 exploration well, onshore Cameroon.

Monday, May 20, 2013 Kosmos Energy Ltd. announces results from the Sipo-1 exploration well onshore Cameroon.

Friday, May 17, 2013 Junior oil company Lekoil raises $49 million on London’s Alternative Investment Market as it seeks to become a pan-African oil and gas player.

Tuesday, May 14, 2013 Afren and Lekoil have completed a farm-out agreement for OPL 310 license situated offshore Nigeria.

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.

Friday, May 03, 2013 A deal with Glencore enables Sirius Petroleum to fund the development of near-term production assets offshore Nigeria.

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.

Wednesday, May 01, 2013 Under the terms of the settlement, Rialto will pay Vantage an amount equivalent to 75 days of an operating rate.

Monday, April 29, 2013 BP's deepwater oil project off the coast of Angola is $4 billion over budget, according to a newspaper report.

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.