Statoil reports discovery off Angola

A NEW DISCOVERY in block 15/06 offshore Angola is reported by Statoil. The Cabaça South East-2 well, at 470 m (1,542 ft) about 100 km (62 m) from the coast, successfully appraised the Cabaça South East discovery.

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Gabon postpones offshore drilling block auction

OIL-RICH GABON has decided to postpone indefinitely an auction of offshore drilling blocks planned for the end of October pending security and environmental guarantees, officials have said.

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Canada's Sea Dragon completes Egypt well, hits two oil columns

CANADA'S SEA-DRAGON said its al-Ola X-1 well on Egypt's Northwest Gemsa concession had reached total depth of 14,323 ft in the Nukhul formation, having successfully encountered two oil bearing columns and strong gas shows that could significantly add to the field reserves.

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VAALCO on track with Gabon development programme

VAALCO HAS SUCCESSFULLY drilled and completed the Etame 7H development well and has moved the contracted rig, the Sapphire Driller, onto location to drill the South Tchibala development well (ETBSM-2H) from the existing Avouma / South Tchibala platform.

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INA picks Crosco for Egypt drilling

CROSCO INTEGRATED DRILLING & Well Services has won a drilling contract from Croatia’s Ina in Egypt.

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