Abuja acts on content rules

Nigeria_oil_and_gas_1NIGERIA'S NEW PRESIDENT has signed the Local Content Bill into law, to the relief of promoters like NNPC, local suppliers like Nigerdock and lawyers everywhere who see rich pickings in the definition clauses that will be needed as the legislation matures. How will local content be measured, for example?

Hits: 2317

Read more ...

Libya keeps door open to BP

Shokri Ghanem, the head of Libya's National Oil Corporation (NOC), recently said he was happy to allow BP to continue working in the north African nation, adding that he believed the Macondo spill in the Gulf of Mexico was "exaggerated somewhat".

Hits: 1956

Read more ...

TPAO racks up Libyan bounty

Turkish producer TPAO is weighing up its Libyan plans after making a fifth oil find in Area 147/3-4 in Libya's Murzuq basin.

Hits: 2138

Read more ...

Libya pressures BP on deepwater drilling in Mediterranean

Libya wants assurances from BP after its handling of the Gulf of Mexico oil spill but will allow it to start deep-water drilling in the Mediterranean, the country's top oil official said Monday.

Hits: 2206

Read more ...

Africa Oil enters JV to acquire South Omo Block

Africa Oil has signed a Farmout Agreement and Joint Venture Agreement with Agriterra (formerly White Nile Ltd.) to acquire an 80 per cent participating interest and operatorship of the South Omo Block in Ethiopia.

Hits: 2007

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?