Lekoil has taken over a 40 per cent economic interest from Green Energy International Limited (GEIL), approved by Nigerian government, in Otakikpo Marginal Field after a farm-in and joint operating agreement that was signed last year
Exploration
DR Congo adopts new hydrocarbon code
DR Congo Parliament has adopted a new code for hydrocarbons exploration that the country hopes will allow it to draw more benefits from its expanding oil sector
Tullow Oil’s Namibia offshore farm-in deal extended
Pancontinental Oil & Gas has agreed to extend the agreement with Tullow Oil for exploration licence EL 0037 offshore Namibia
Dawn versus dignity: The struggle for Libya’s resources
Despite the chaos and conflict that is today’s Libya, the country’s National Oil Company attended the Mediterranean Offshore Conference & Exhibition in Ravenna, Italy where Stephen Williams was able to speak to various industry figures
Swala Tanzania farms out onshore licences to India’s Tata Group
Swala Energy subsidiary Swala Tanzania has reached agreement with India’s Tata Petrodyne (TPL) to farmout the Pangani and Kilosa-Kilombero Licences in the East African country