PetroChina Co told a federal judge in Texas that their submission to arbitration in an African oil field dispute is worth potentially US$1bn settles the only purpose of Carlton Energy Group LLCs lawsuit, despite Carltons request for further action from the court, according to Law360
Exploration
Lekoil and GE oil and gas unit sign deal for development of Ogo field, offshore Nigeria
Lekoil and General Electrics oil and gas unit have inked a deal to collaborate in the development of the Ogo field, offshore Nigeria
Oil Review Africa weekly digest - 27th - 31st March
Here is a brief overview of the weeks new on oilreviewafrica.com, from 20 - 27 March 2017
Lekoil agrees advance payment facility with Shell
Lekoil Oil and Gas Investments Limited has agreed an advance payment facility with Shell Western Supply and Trading Limited
BP makes third gas discovery in Egypt
BP announced on 27 March that it had made another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt