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Exploration

OIL-RICH GABON has decided to postpone indefinitely an auction of offshore drilling blocks planned for the end of October pending security and environmental guarantees, officials have said.

p style="margin-bottom: 0cm; font-weight: normal;" lang="en-US">OIL-RICH GABON has decided to postpone indefinitely an auction of offshore drilling blocks planned for the end of October pending security and environmental guarantees, officials have said.

VAALCO HAS SUCCESSFULLY drilled and completed the Etame 7H development well and has moved the contracted rig, the Sapphire Driller, onto location to drill the South Tchibala development well (ETBSM-2H) from the existing Avouma / South Tchibala platform.p style="margin-bottom: 0cm;">VAALCO HAS SUCCESSFULLY drilled and completed the Etame 7H development well and has moved the contracted rig, the Sapphire Driller, onto location to drill the South Tchibala development well (ETBSM-2H) from the existing Avouma / South Tchibala platform.

EQUATORIAL GUINEA HAS signed five oil concession deals, including two with Russias Gazprom Neft.p style="margin-bottom: 0cm; font-weight: normal;">EQUATORIAL GUINEA HAS signed five oil concession deals, including two with Russias Gazprom Neft.

MURPHY OIL HAS brought on stream the fourth production well at the deepwater Azurite field off Republic of Congo.p style="margin-bottom: 0cm;">MURPHY OIL HAS brought on stream the fourth production well at the deepwater Azurite field off Republic of Congo.

BOWLEVEN HAS ENTERED into a revised option agreement with Vitol in respect of the Etinde Permit, offshore Cameroon.p style="margin-bottom: 0cm;">BOWLEVEN HAS ENTERED into a revised option agreement with Vitol in respect of the Etinde Permit, offshore Cameroon.

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