Filipino upstream oil company, PetroEnergy Resources, has announced that it is investing in a consortium that will drill seven production and exploration wells in Gabon, West Africa
Exploration
Tullow confirms additional Nigeria oil find
Tullow Oil has confirmed that it has discovered further oil at its Ngamia-1 well in Kenya
Tullow produces 33 million barrels offshore Ghana so far in 2012
Tullow Oil has announced that it has produced approximately 67,000 barrels of oil per day (bpd) from its Jubilee field offshore Ghana
Outbid Shell considering next Cove Energy move
Royal Dutch Shell is considering its options regarding exploration company, Cove Energy, after it was outbid by Thailands PTT
African Petroleum may 'sell stake to Chinese groups'
African Petroleum is reportedly discussing selling a stake of up to 10 per cent with two Chinese companies