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Exploration

Dana Petroleum has signed an agreement with BG to acquire a 50 per cent interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt.

p>Dana Petroleum has signed an agreement with BG to acquire a 50 per cent interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt.

Eni has started oil production from the new Arcadia field, in the Western Desert of Egypt, only 45 days after its discovery.

p>Eni has started oil production from the new Arcadia field, in the Western Desert of Egypt, only 45 days after its discovery.

Esso Exploration and Production Congo is seeking strategic alternatives for its 30 per cent interest in the deepwater 3,818-sq km Mer Tres Profonde Sud block (MTPS).

p>Esso Exploration and Production Congo is seeking strategic alternatives for its 30 per cent interest in the deepwater 3,818-sq km Mer Tres Profonde Sud block (MTPS).

The Petroleum Products Pricing and Regulatory Agency (PPPRA) has stated that it administers fuel subsidy along with other stakeholders in accordance with approved guidelines.

p>The Petroleum Products Pricing and Regulatory Agency (PPPRA) has stated that it administers fuel subsidy along with other stakeholders in accordance with approved guidelines.

NIGERIAS NEW PRESIDENT has signed the Local Content Bill into law, to the relief of promoters like NNPC, local suppliers like Nigerdock and lawyers everywhere who see rich pickings in the definition clauses that will be needed as the legislation matures. How will local content be measured, for example?

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