Heritage Oil announces 100 per cent operator award of further Production Sharing Agreement in Tanzania
Exploration
Libyan gas production restarts
The restart of gas production from the offshore platform of Sabratha is another important step in progressively restoring production activities in all fields in Libya
Sasol in coal bed methane exploration
Sasol announce joint venture with Origin Energy in Botswana
Serica Energy awarded interests in Namibia
85 per cent interest awarded in Luderitz Basin, offshore Namibia
Lukoil to invest more than $100mn in Sierra Leone exploration
The cost of Lukoils minimum exploration programme at the SL-5-11 block in Sierra Leone will be about $100mn, the corporate newspaper of Lukoil Overseas, the operator of the Russian oil majors international upstream projects, reportedA standard comprehensive contract has been signed for exploration and production at the block. The duration of the contract is 30 years. Over the next two years, Lukoil intends to reinterpret previously obtained seismics, conduct electrical surveys, and drill one exploration well at the block. The scale of investment in the next phase of exploration will depend on the drilling results.
p>The cost of Lukoils minimum exploration programme at the SL-5-11 block in Sierra Leone will be about $100mn, the corporate newspaper of Lukoil Overseas, the operator of the Russian oil majors international upstream projects, reportedA standard comprehensive contract has been signed for exploration and production at the block. The duration of the contract is 30 years. Over the next two years, Lukoil intends to reinterpret previously obtained seismics, conduct electrical surveys, and drill one exploration well at the block. The scale of investment in the next phase of exploration will depend on the drilling results.