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Exploration

GHANA IS ON track to deliver oil from the Jubilee field from December this year, with initial output doubling to 250,000 bpd by 2013, according to the countrys vice president.HANA IS ON track to deliver oil from the Jubilee field from December this year, with initial output doubling to 250,000 bpd by 2013, according to the countrys vice president.

A STRIKE BY energy sector workers has brought Gabonese oil output to a virtual halt, with only three per cent of the countrys production on stream, the head of the national petroleum stockpile said. STRIKE BY energy sector workers has brought Gabonese oil output to a virtual halt, with only three per cent of the countrys production on stream, the head of the national petroleum stockpile said.

LUKOIL OVERSEAS, VANCO and the state oil company Petroci Holding have completed the drilling of the first exploration well in Block CI-401 on the Orca Prospect, located in the Gulf of Guinea, offshore the Republic of Cote dIvoire.

p>LUKOIL OVERSEAS, VANCO and the state oil company Petroci Holding have completed the drilling of the first exploration well in Block CI-401 on the Orca Prospect, located in the Gulf of Guinea, offshore the Republic of Cote dIvoire.

Rialto Energy Limited has entered into a binding Heads of Agreement whereby Rialto will acquire 100% of CLNR Holdings Limited (CLNR) which is to hold a 75% interest in C & L Natural Resources Limited (C & L Natural).

p>Rialto Energy Limited has entered into a binding Heads of Agreement whereby Rialto will acquire 100% of CLNR Holdings Limited (CLNR) which is to hold a 75% interest in C & L Natural Resources Limited (C & L Natural).

Totals head of African operations today revealed that the Moho Nord field, in Congo-Brazzavilles offshore play, holds an estimated 300mn barrels of oil, adding that a development decision could be taken by the middle of next year.

p>Totals head of African operations today revealed that the Moho Nord field, in Congo-Brazzavilles offshore play, holds an estimated 300mn barrels of oil, adding that a development decision could be taken by the middle of next year.

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