Spanish oil firm Repsol is preparing to recommence drilling in Libya in early 2013, adding to signs that the country’s key industry is making a comeback following the 2011 civil war
Exploration
Kenya seeks 25 per cent stake in oil production ventures
Kenya plans to utilise its current natural resources exploration boom by acquiring a 25 per cent stake in the production activities of oil and gas companies working in the country
Ex-Cove Energy executives to start Africa-focussed exploration firm
Former executives from Cove Energy Plc have announced they will start an Africa-focussed oil and gas exploration firm after the company was sold for US$1.9bn to Thailand’s PTTE
Victoria Oil and Gas announces publication of gas market study
Victoria Oil and Gas (VOG) has announced the release of a Gas Market Study (GMS) compiled by petroleum advisory and consultancy group, Challenge
RWE Dea wins new Egyptian concession
RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore