Deepwater expenditure is expected to go up by 130 per cent, totalling US$260bn from 2014 to 2018, according to a recent report released by Douglas-Westwood
Exploration
Sao Tome and Principe select four bidders for two oil blocks auction
The island nation of Sao Tome and Principe has short-listed four companies to bid on two offshore oil blocks — Block 1 and Block 6 — located in its exclusive economic zone
Eland Oil & Gas restarts oil production onshore Nigerian field
Eland Oil & Gas has announced the recommencement of oil production from the Opuama oilfield located at OML 40 onshore Nigeria
European Hydrocarbons gets extension nod for offshore Liberian blocks
European Hydrocarbons has received approval for a two-year extension for its second exploration period offshore blocks LB-08 and LB-09 in Liberia
Kuwait Energy hits oil and gas in Egyptian concession
Kuwait Energy has announced that it El Salmiya-3 well, located in the Abu Sennan concession, has hit oil and gas
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