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Exploration

INDIA’S ESSAR ENERGY has reportedly pulled out of the bidding race for oil and gas exploration acreage being sold by Shell in Nigeria’s Delta State.

p>INDIA’S ESSAR ENERGY has reportedly pulled out of the bidding race for oil and gas exploration acreage being sold by Shell in Nigeria’s Delta State.

SOUTH KOREA IS seeking to take part in various energy development projects in Africa in an effort to boost mutual economic growth and make better use of natural resources, the government has announced.

p>SOUTH KOREA IS seeking to take part in various energy development projects in Africa in an effort to boost mutual economic growth and make better use of natural resources, the government has announced.

Tullow oil is hoping to raise its stake in Ghanas Jubilee field by purchasing a 1.75 per cent share held by Ghanaian firm EO, according to a company official.

p>Tullow oil is hoping to raise its stake in Ghanas Jubilee field by purchasing a 1.75 per cent share held by Ghanaian firm EO, according to a company official.

Nigeria has awarded 2011 supply contracts worth around $30bn, with trading companies Vitol, Trafigura and Glencore landing some of the biggest contracts, a document showed.

p>Nigeria has awarded 2011 supply contracts worth around $30bn, with trading companies Vitol, Trafigura and Glencore landing some of the biggest contracts, a document showed.

 

Deepwater production challenges typify many of the present and future field developments offshore Africa and technical solutions need to be found to make these often huge discoveries viable.*

Deepwater production challenges typify many of the present and future field developments offshore Africa and technical solutions need to be found to make these often huge discoveries viable.*

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