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Exploration

 

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TULLOW OIL IS on track to pump first oil from the Jubilee development off Ghana, in the fourth quarter of the year, with company boss Aidan Heavey saying it expects to get the nod for its purchase of Heritage Oils Ugandan assets in the next few weeks.

p>TULLOW OIL IS on track to pump first oil from the Jubilee development off Ghana, in the fourth quarter of the year, with company boss Aidan Heavey saying it expects to get the nod for its purchase of Heritage Oils Ugandan assets in the next few weeks.

 AUSTRALIAS TAP OIL said Ghana’s Parliament had ratified its award of an offshore exploration block, which Tap will operate with a 36 per cent stake.strong> AUSTRALIAS TAP OIL said Ghana’s Parliament had ratified its award of an offshore exploration block, which Tap will operate with a 36 per cent stake.

GHANA IS ON track to deliver oil from the Jubilee field from December this year, with initial output doubling to 250,000 bpd by 2013, according to the countrys vice president.HANA IS ON track to deliver oil from the Jubilee field from December this year, with initial output doubling to 250,000 bpd by 2013, according to the countrys vice president.

A STRIKE BY energy sector workers has brought Gabonese oil output to a virtual halt, with only three per cent of the countrys production on stream, the head of the national petroleum stockpile said. STRIKE BY energy sector workers has brought Gabonese oil output to a virtual halt, with only three per cent of the countrys production on stream, the head of the national petroleum stockpile said.

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