Zambian president, Edgar Changa Lungu and Tullow Oil have announced the country’s first-ever oil survey
Exploration
Cairn’s SNE North-1 exploration well offshore Senegal discovers oil and gas
Cairn Energy has announced positive results from the drilling of its SNE North-1 exploration well offshore Senegal, which encountered both oil and gas reserves in the primary objective
Uganda to develop oil refinery in Hoima district
Uganda has selected a consortium including General Electric (GE) and Italian Saipem to build and operate a 60,000 bpd oil refinery plant in Hoima district in the western part of the country
Platts: OPEC July hits 2017 high of 32.8mn bpd on Libya recovery
Libyas continued dramatic recovery from civil strife pushed OPECs July output to yet another 2017 high, with the bloc producing 32.82mn bpd, according to the latest S&P Global Platts OPEC survey
Kosmos Energy announces financial result for Q2 2017, generates revenue of US$136mn
The Dallas-based Kosmos Energy announced financial and operating results for the Q2 2017, highlighting that the company generated revenues of US$136mn during the time as compared to the US$46mn in Q2 2016, with the net loss being reduced to US$8.5mn from US$108.3mn in Q2 2016