Gas Pricing: Oil Firms, PHCN to Revise Accord

FOLLOWING PRESIDENT GOODLUCK Jonathan's approval of new prices for gas-to-power, oil companies that supply gas to the Power Holding Company of Nigeria (PHCN) are planning to meet with the power utility company to revise previous agreements on gas supply.

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Dominion sizes up Tanzanian catch

UK INDEPENDENT DOMINION Petroleum said an independent audit showed mean prospective resources of 1.1bn barrels of oil or 7 Tcf of gas in its Alpha prospect on Block 7, offshore Tanzania.

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OMV hits gas pay in Tunisian well

OMV HAS ANNOUNCED a new gas-condensate discovery following the successful drilling of the Ritma-1 exploration well in the Nawara Production Concession in southern Tunisia.

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Dana bullish over Morocco leads

Dana Petroleum and its partners have identified 26 new prospects and leads in the Tanger-Larache concession offshore Morocco, in addition to last year’s Anchois gas discovery.

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Foster Wheeler bags Cameroon LNG pre-FEED

US ENGINEERING COMPANY Foster Wheeler has been awarded a contract by GDF SUEZ to carry out the pre-front-end engineering design for the development of an onshore LNG plant and offshore gas gathering infrastructure in Cameroon.

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