MAUREL & PROM HAS announced a fresh oil discovery in Gabon as it posted surging 2008 profits and reaffirmed plans to buy up assets made cheaper by a sharp drop in oil prices. "We are looking at farm ins, or partnerships in another companys oilfield,” chairman Jean-Francois Henin.
Exploration
Tullow antes up for Liberia stake
Noble pay Equatorial Guinea
NOBLE ENERGY HAS made an oil discovery on block O at the Carmen prospect, offshore Equatorial Guinea. The well encountered approximately 7.9 m of net oil pay along with 4 m of net gas pay, the company says.
Akpo field onstream ahead of schedule
TOTAL UPSTREAM NIGERIA has started production from the Akpo deepwater development ahead of the planned start-up date.
The field has proved and probable reserves estimated at 620 MMbbl of condensate (around 50° API), and more than 1 tcf of gas.
Afren shores up Ebok
FOLLOWING AN INDEPENDENT assessment UK-based Afren has confirmed that its Ebok field off Nigeria has provedprobable reserves of 148 mn barrels of oil for the FB1 and FB2 areas of the field.
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