Shokri Ghanem, the head of Libyas National Oil Corporation (NOC), recently said he was happy to allow BP to continue working in the north African nation, adding that he believed the Macondo spill in the Gulf of Mexico was "exaggerated somewhat".
p>Shokri Ghanem, the head of Libyas National Oil Corporation (NOC), recently said he was happy to allow BP to continue working in the north African nation, adding that he believed the Macondo spill in the Gulf of Mexico was "exaggerated somewhat".Exploration
TPAO racks up Libyan bounty
Turkish producer TPAO is weighing up its Libyan plans after making a fifth oil find in Area 147/3-4 in Libyas Murzuq basin.
p>Turkish producer TPAO is weighing up its Libyan plans after making a fifth oil find in Area 147/3-4 in Libyas Murzuq basin.Libya pressures BP on deepwater drilling in Mediterranean
Libya wants assurances from BP after its handling of the Gulf of Mexico oil spill but will allow it to start deep-water drilling in the Mediterranean, the countrys top oil official said Monday.
p>Libya wants assurances from BP after its handling of the Gulf of Mexico oil spill but will allow it to start deep-water drilling in the Mediterranean, the countrys top oil official said Monday.VAALCO discovers oil offshore Gabon
VAALCO announced the Southeast Etame No. 1 (ETSEM-1) exploration well completed drilling to a total depth of 2,757 m offshore Gabon and encountered approximately five m of Gamba sandstone section which logged oil full to base.
p>VAALCO announced the Southeast Etame No. 1 (ETSEM-1) exploration well completed drilling to a total depth of 2,757 m offshore Gabon and encountered approximately five m of Gamba sandstone section which logged oil full to base.Africa Oil enters JV to acquire South Omo Block
Africa Oil has signed a Farmout Agreement and Joint Venture Agreement with Agriterra (formerly White Nile Ltd.) to acquire an 80 per cent participating interest and operatorship of the South Omo Block in Ethiopia.
p>Africa Oil has signed a Farmout Agreement and Joint Venture Agreement with Agriterra (formerly White Nile Ltd.) to acquire an 80 per cent participating interest and operatorship of the South Omo Block in Ethiopia.