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Exploration

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.

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.

 AUSTRALIAS TAP OIL said Ghana’s Parliament had ratified its award of an offshore exploration block, which Tap will operate with a 36 per cent stake.strong> AUSTRALIAS TAP OIL said Ghana’s Parliament had ratified its award of an offshore exploration block, which Tap will operate with a 36 per cent stake.

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