The low oil price environment is here to stay - that was a common a prediction among speakers at the African sessions at IP Week, held in London this week
Optimism despite low oil prices at IP Week
Exploration
Rosneft sign investment and crude-purchasing agreement with Libya's National Oil Corp
Rosneft are the latest oil company to return to Libya and Africas largest reserves as they sign an exploration and production deal
Eni starts production of East Hub Development Project, offshore Angola
Eni has started production from the East Hub Development Project, deep offshore Angola, five months ahead of development plan estimates and with a time-to-market among the best in the sector
BW Offshore are to operate the Kudu license offshore Namibia
BW Offshore have signed a farm-out deal to become the operator of the Kudu license offshore Namibia with a 56 per cent stake
Lekoil: Oil flows to storage tanks at Otakikpo Marginal Field
Lekoil, the Nigerian oil and gas company, announced that oil is flowing at the Otakikpo Marginal Field to onshore storage tanks where it is to be evacuated upon completion of the offshore pipeline
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