Gabon has postponed a 27 October oil block auction in part due to rising drilling costs and environmental concerns after BPs massive spill in the Gulf of Mexico, the central African countrys government said.
p style="margin-bottom: 0cm;">Gabon has postponed a 27 October oil block auction in part due to rising drilling costs and environmental concerns after BPs massive spill in the Gulf of Mexico, the central African countrys government said.Exploration
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.
p style="margin-bottom: 0cm; font-weight: normal;" lang="en-US">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.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.p style="margin-bottom: 0cm;">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.
Malabo hands out oil deals
EQUATORIAL GUINEA HAS signed five oil concession deals, including two with Russias Gazprom Neft.p style="margin-bottom: 0cm; font-weight: normal;">EQUATORIAL GUINEA HAS signed five oil concession deals, including two with Russias Gazprom Neft.
Production builds at Azurite
MURPHY OIL HAS brought on stream the fourth production well at the deepwater Azurite field off Republic of Congo.p style="margin-bottom: 0cm;">MURPHY OIL HAS brought on stream the fourth production well at the deepwater Azurite field off Republic of Congo.
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