Cairn Energy and Tullow Oil are planning to tap low-cost African oil fields in 2017 as the crude oil price rises
Cairn Energy and Tullow Oil share price grows with African announcements
Exploration
ERHC Energy sign MOU with Starcrest Energy Nigeria Ltd
ERHC Energy Inc., a publicly traded company with oil and gas assets in Sub-Saharan Africa, announced in 17 January, the signing of a Memorandum of Understanding (MOU) with an Starcrest Nigeria Energy Limited
Africa Oil announce oil discovery on Erut Prospect, Kenya
On 17 January from Vancouver, Canada, Africa oil Corporation announced the discovery of oil in the Erut-1 well in Kenya
Statoil awards OneSubSea production system contract for the Utgard development, North Sea
OneSubsea announced on 19 January that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea
Thermon introduce TraceNet TCM2 dual curcuit control and monitoring unit
The remotely-operated TraceNet TCM2 Unit controls and monitors heat trace around the clock
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