Dana increases stakes offshore Egypt

Dana Petroleum has signed an agreement with BG to acquire a 50 per cent interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt.

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Dana discovers new oil field in Egypt

Dana Petroleum announced that the Fin-1X exploration well has discovered a new oil field, in the North Zeit Bay Production Sharing Contract ("PSC") area onshore in the Gulf of Suez, in Egypt.

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Is it time for Africa to reassess deepwater drilling?

Deep_water_drillingWHAT DOES THE Gulf of Mexico oil spill mean for Africa — and especially deepwater exploration in the west of the continent?

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Esso open to offers for Congo stake

Esso Exploration and Production Congo is seeking strategic alternatives for its 30 per cent interest in the deepwater 3,818-sq km Mer Tres Profonde Sud block (MTPS).

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Eni turns on taps in Arcadia field

Eni has started oil production from the new Arcadia field, in the Western Desert of Egypt, only 45 days after its discovery.

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