Supermajor Total has announced that its 58 per cent owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal
Exploration
Global oil and gas industry deals total US$28.01bn in Q2 2020
Total oil and gas industry deals for Q2 2020 worth US$28.01bn were announced globally, according to GlobalData’s deals database
GlobalData: Acquisition of Senegal assets underpins Lukoil’s West African expansion plans
Lukoil reached an agreement with Cairn to purchase their Senegalese assets including a share of Sangomar development
Eni announces oil discovery and production in Egypt
Supermajor Eni announced the successful drilling of the SWM-A-6X well in the South West Meleiha development and exploration concession in the Egyptian Western Desert, about 130 km north of Siwa Oasis
LUKOIL enters hydrocarbon production project in Senegal for US$300mn
Oil and gas company LUKOIL has entered into an agreement with Cairn Energy to acquire a 40 per cent interest in Senegal’s Rufisque, Sangomar and Sangomar Deep (RSSD) project for US$300mn in cash