Four oil Blocks for sale in Niger Delta

Shell has offered some of its oilfields in the Niger Delta valued at between $150 mn to $2 bn for sale.

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Owo-1 wildcat intersects 'significant' column of light oil

London-listed Tullow Oil said the Owo-1 wildcat in the Deep-water Tano licence offshore Ghana had intersected a ‘significant’ column of light oil, establishing Owo as a major new oil field.

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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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