Cabinda Gulf hits pay offshore Angola

CABINDA GULF OILl Co. (CABGOC) has hit pay with the 79-3XST1 well in block 0 offshore Angola. The well encountered over 69 m of net hydrocarbon pay in the Upper Pinda formation. The well was tested from a single 46-m perforated interval and flowed at a rate of 11.6 MMcfpd of natural gas and 2,550 bpd of liquid hydrocarbons, the company says.


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Jubilee project gets Ghana nod

ANGLO-IRISH INDEPENDENT Tullow Oil has reported that the government of Ghana has formally approved the Jubilee field Phase 1 Development Plan and Unitisation Agreement.

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Island, Serica awarded exploration permits in Morocco

THE STATE OFFICE National des Hydrocarbures et des Mines (Onhym) has granted Ireland's Island Oil & Gas and London-based Serica Energy two petroleum agreements for the continuous areas of Sidi Moussa Offshore and Foum Draa Offshore in the Agadir Basin.

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Ghana prepares for oil boom

ENVIRNOMENTAL AND REGULATORY concerns surround Ghana's plans to start producing offshore oil.

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Oando wins $150mn Agip drilling contract

NIGERIAN ENERGY PLAYER, Oando Energy Services Ltd, has announced the signing of a US$150mn two-year drilling contract with Nigerian Agip Oil Company (NAOC) for its oilfields in the Niger Delta swamps.
This contract further demonstrates the company's commitment to its audacious upstream expansion having invested significantly in the rigs business over the last two years with aspirations of becoming a dominant player in the land and swamp rig business.


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