Lukoil has announced its intention to spend US$100 million on launching exploration activities in its offshore Sierra Leone block
Exploration
Rig shortages hindering industry growth in East Africa
A global shortage of rigs has led to the delay of oil drilling activities in East Africa as well as slower growth and rising costs for oil and gas companies working in the booming exploration area
ADX secures rig for Sidi Dhaher Well, onshore Tunisia
ADX Energy Limited has signed a contract with Dietswell SA for the provision of the Sedlar-160 drilling rig to flow test the Sidi Dhaher-1 oil discovery in Tunisia
Kenya strikes oil, creates history
Kenya struck oil for the first time after exploratory drilling by Anglo-Irish firm Tullow Oil. The discovery was made in the countrys northwestern Turkana region
Wintershall remains committed to post-Gaddafi Libya
German oil and gas company Wintershall has restated its commitment to post-Gaddafi development in Libya as it looks to ramp its oil production in the country back up to pre-revolution levels
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