BOWLEVEN HAS SIGNED a letter of intent (LOI) for a rig for its planned drilling campaign on the Etinde Permit (Etinde), offshore Cameroon, and completion of legal documentation is expected shortly.p>BOWLEVEN HAS SIGNED a letter of intent (LOI) for a rig for its planned drilling campaign on the Etinde Permit (Etinde), offshore Cameroon, and completion of legal documentation is expected shortly.

ALL PLANNED DEVELOPMENT has been drilled on the Jubilee field offshore Ghana, according to Tullow Oil.

NOC HAS CONFIRMED that on January 28, TATNEFT, its partner in an Exploration and Sharing agreement, reported initial information concerning the exploration well B1-82/04 in Ghadames Basin.

IRANS FOREIGN MINISTER Manouchehr Mottaki says the Islamic Republic and Libya will set up economic, political and cultural committees to promote bilateral ties.