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Lukoil partners with Chevron to develop Nigerian oilfield

lukoilThe privately-controlled Lukoil has already expanded its operations overseas and it currently has projects in Iraq and West Africa. (Image source: Nuebie/Flickr)Russia’s Lukoil has announced that it has plans to develop an oilfield in Nigeria with the USA explorer Chevron

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Tullow to commence drilling onshore Kenyan basin

TulloowTullow has also started to work on a series of basin opening wildcat wells in Kenya. (Image source: Gaël Michon/Flickr)UK-based oil and gas exploration firm Tullow has announced that it will start drilling for oil in the North Turkana Basin, located onshore Kenya

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GNPC seeks funding to operate independently

oilblock-africaGhana discovered oil in 2007 and began production in 2011. (Image source: Dani Simmonds/sxc.hu)Ghana National Petroleum Corporation (GNPC) is seeking US$1bn to become an independent operator, according to a report

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ONGC Videsh likely to buy stakes in Tullow Oil's assets

offshore ghana-strocchi flickrSources familiar with the matter revealed that ONGC Videsh plans to buy Tullow Oil's assets in Ghana and Kenya. (Image source: EnricoStrocchi/Flickr)Indian oil company ONGC Videsh is seeking to purchase a stake in the assets of African exploration company Tullow Oil

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ConocoPhillips plugs and abandons Angolan well

well-BASF-flickrCompany officials revealed the well will be plugged and abandoned as a dry hole well. (Image source: BASF/Flickr)USA-based ConocoPhillips has plugged and abandoned the Kamoxi-1 exploration well in the Kwanza basin offshore Angola

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