LAST YEAR’S RECOVERY in the global energy industries’ capital spend stalled in the October-December period says the UK-based trade association representing suppliers of both goods and services to this combined sector overall.
Exploration
Onboard data projects
GEOTRACE HAS COMPLETED one of the worlds largest onboard data processing projects for BP, as operator in its EPSA 4 NOC/LIC/BP exploration contract in BPs Sirte Basin concession off the coast of Libya.
Museveni weighs up Heritage options
UGANDA IS STILL looking at proposals from both Tullow and Eni as the US$1.5bn tussle between them for Heritage Oils assets in the East African country continues without resolution.
Tullow drilling on the Likonde-1
TULLOW OIL HAS started drilling on the Likonde-1 wildcat in southern Tanzania’s Ruvuma PSA.
Hyperdynamics' stake off Guinea
HYPER DYNAMICS HAS SIGNED a binding sale and purchase agreement (S&PA) with Aberdeen-based Dana Petroleum under which Dana has agreed to acquire, through its subsidiary, Dana Petroleum (E&P) Limited, a 23 per cent participating interest in Hyperdynamics oil and gas concession offshore the Republic of Guinea.
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