Exploration
Cape Oil International and Swala Energy strategic joint venture
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CAPE OIL INTERNAT IONAL and Swala Energy have entered into an agreement under the terms of which the two companies shall pool resources and expertise to develop jointly their E&P aspirations in West Africa.
Bowleven hits more pay in Sapele-1
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BOWLEVEN HAS DISCOVERED further hydrocarbon bearing zones in the Sapele-1 exploration well on the Etinde permit in the Douala basin, offshore Cameroon.
FMC Technologies awarded GirRI contract offshore Angola
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FMC TECHNOLOGIES HAS signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment to support the Girassol Resource Initiative (GirRI) project. The award has a value of approximately US$80mn in revenue to FMC Technologies. The GirRI project has now reached a cumulative value of approximately $180mn in revenue to FMC.
Africa Oil updates on Puntland
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AFRICA OIL CORP, together with Range Resource Ltd and Lion Energy Corp, its joint venture partners, has entered into amending agreements with the Government of Puntland, represented by the Puntland Petroleum and Mineral Agency, in respect of the production sharing agreements (“PSAs”) for the Dharoor Valley Exploration Area and the Nugaal Valley Exploration Area.
Eni to operate Angola pre-salt block
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ENI HAS WON an international tender to operate Block 35 in deep-water offshore Angola as it pushes to expand on its core African market and boost deep-water development.
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