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Exploration

UK INDEPENDANT DANA Petroleum plans to drill an exploration well this year in the South October concession in the eastern Gulf of Suez offshore Egypt.

p>UK INDEPENDANT DANA Petroleum plans to drill an exploration well this year in the South October concession in the eastern Gulf of Suez offshore Egypt.

Enel and Egypts Ministry of Petroleum signed a memorandum of understanding on oil and gas exploration in Egypt where Italys biggest utility aims to boost resource supplies.

p>Enel and Egypts Ministry of Petroleum signed a memorandum of understanding on oil and gas exploration in Egypt where Italys biggest utility aims to boost resource supplies.

SINOPEC HAS INKED a deal to acquire a stake in Block 18, in Angola, from its parachute company, China Petrochemical Corporation.

p>SINOPEC HAS INKED a deal to acquire a stake in Block 18, in Angola, from its parachute company, China Petrochemical Corporation.

 

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TULLOW OIL IS on track to pump first oil from the Jubilee development off Ghana, in the fourth quarter of the year, with company boss Aidan Heavey saying it expects to get the nod for its purchase of Heritage Oils Ugandan assets in the next few weeks.

p>TULLOW OIL IS on track to pump first oil from the Jubilee development off Ghana, in the fourth quarter of the year, with company boss Aidan Heavey saying it expects to get the nod for its purchase of Heritage Oils Ugandan assets in the next few weeks.

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