Exploration

No change announced in booming Luanda

Luanda_PanoramaAT THE SPECIAL meeting of OPEC energy ministers on 22 December it was decided to make no change in crude oil production quotas, given the precarious state of economic recovery around the world.

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Flat end to a hopeful year


LAST YEAR’S RECOVERY in the global energy industries’ capital spend stalled in the October-December period says the UK-based trade association representing suppliers of both goods and services to this combined sector overall.

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Onboard data projects

GEOTRACE HAS COMPLETED one of the world's largest onboard data processing projects for BP, as operator in its EPSA 4 NOC/LIC/BP exploration contract in BP's Sirte Basin concession off the coast of Libya.

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Museveni weighs up Heritage options

UGANDA IS STILL looking at proposals from both Tullow and Eni as the US$1.5bn tussle between them for Heritage Oil's assets in the East African country continues without resolution.

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Tullow drilling on the Likonde-1

TULLOW OIL HAS started drilling on the Likonde-1 wildcat in southern Tanzania’s Ruvuma PSA.

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