FIRST AUSTRALIAN RESOURCES (FAR) and Shell Exploration Company have agreed to conduct an exploration program in the Sangomar Offshore, Rufisque Offshore and Sangomar deep Offshore Blocks off the coast of Senegal.
Exploration
M&P hits Gabon oil as profits soar
MAUREL & PROM HAS announced a fresh oil discovery in Gabon as it posted surging 2008 profits and reaffirmed plans to buy up assets made cheaper by a sharp drop in oil prices. "We are looking at farm ins, or partnerships in another companys oilfield,” chairman Jean-Francois Henin.
Tullow antes up for Liberia stake
Noble pay Equatorial Guinea
NOBLE ENERGY HAS made an oil discovery on block O at the Carmen prospect, offshore Equatorial Guinea. The well encountered approximately 7.9 m of net oil pay along with 4 m of net gas pay, the company says.
Akpo field onstream ahead of schedule
TOTAL UPSTREAM NIGERIA has started production from the Akpo deepwater development ahead of the planned start-up date.
The field has proved and probable reserves estimated at 620 MMbbl of condensate (around 50° API), and more than 1 tcf of gas.
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