In a major agreement, Chevron Namibia Exploration Limited has now entered Petroleum Exploration License 82 (PEL 82) with an 80% working interest and operatorship
Exploration
Halliburton to provide multi-well construction services to Rhino
Halliburton has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd
Sintana unlocks access to PEL79 with Giraffe acquisition
In a definitive agreement with private Namibian company, Crown Energy, Sintana Energy will be acquiring 67% of the issued and outstanding shares of Giraffe Energy Investments from Crown
NNPC, Newcross resume production from Awoba
The Awoba Unit Field in Port Harcourt which resumed production after more than two years is yeilding 8000 barrels of oil per day, and is expected to reach 12,0000 bopd in a month
Trident Energy enters the Republic of Congo
In an agreement with Chevron Corporation, Trident Energy will acquire the entire issued share capital of Chevron Overseas (Congo) Limited