CHEVRON EXPECTS A much-delayed Nigerian plant that will convert natural gas to liquids to cost $8.4bn, $2.5bn or 42.4 per cent more than its last estimate.

Tullow Oil has concluded terms for a new Petroleum Agreement with Namibia’s Ministry of Mines and Energy concerning the offshore Kudu gas field.

THE TUBARARO WELL in deepwater offshore Mozambique encountered a natural gas pay, says Anadarko Petroleum Corp. The well found 34m of pay with no water in an Eocene reservoir that is distinct from the three discoveries offshore in the Rovuma basin.

AIM-LISTED BOWLEVEN has halted drilling and sealed its Sapele-1 wildcat offshore Cameroon after it encountered a high-pressure gas reservoir in the Cretaceous.

CIRCLE OIL HAS confirmed a gas discovery in its Base Guebbas target in its Sebou permit, in Morocco’s Rharb basin.