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Exploration

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

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.

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