AT THE SPECIAL meeting of OPEC energy ministers on 22 December it was decided to make no change in crude oil production quotas, given the precarious state of economic recovery around the world.
Exploration
Flat end to a hopeful year
LAST YEAR’S RECOVERY in the global energy industries’ capital spend stalled in the October-December period says the UK-based trade association representing suppliers of both goods and services to this combined sector overall.
Onboard data projects
GEOTRACE HAS COMPLETED one of the worlds largest onboard data processing projects for BP, as operator in its EPSA 4 NOC/LIC/BP exploration contract in BPs Sirte Basin concession off the coast of Libya.
Museveni weighs up Heritage options
UGANDA IS STILL looking at proposals from both Tullow and Eni as the US$1.5bn tussle between them for Heritage Oils assets in the East African country continues without resolution.
Tullow drilling on the Likonde-1
TULLOW OIL HAS started drilling on the Likonde-1 wildcat in southern Tanzania’s Ruvuma PSA.
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