African Petroleum Corp. announced that it has entered into an agreement with Buried Hill Africa Ltd. to farm-out a 10% interest in Block CI-509 offshore Côte d’Ivoire in return for Buried Hill funding 21.1% of the cost of the next exploration…
African Petroleum Corporation has agreed a farm-out deal with Buried Hill Africa on Block CI-509 offshore Côte d’Ivoire (Ivory Coast), west Africa. Buried Hill will get a 10% interest in the block in return for funding 21.1% of the…
Eni has gained operatorship and a 40% interest in exploration right permit 236 (ER236) off the eastern coast of South Africa from Sasol, the Italian company announced today. Under the terms of the agreement, Eni has acquired 82,000sq…
OMV has taken another step into sub-Saharan Africa by entering an offshore exploration project offshore Namibia. The transaction involves the acquisition of a 65%-interest petroleum exploration license (PEL) 046, containing exploration blocks 2613A and 2613B…
UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana. Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…
Colloquy: Editor’s Column The American Association of Petroleum Geologists (AAPG) has developed a new African exploration GIS database, as the Edward G. Purdy Memorial Project, honoring the late geologist (b. 4 December 1931, d. 13 October…
Australian engineering firm WorleyParsons has won two contracts, offshore Australia and on and offshore Africa. Worley Parsons is to provide brownfield engineering services to Chevron for the operator's west Australian assets, under a master services agreement lasting initially five years…
Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign. The contract…
Qatar Petroleum International (QPI) and Total hwill sign a framework of agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. This participation reinforces Qatar’s…
Anne Næss Myhrvold has taken over today as the director general of the Petroleum Safety Authority Norway (PSA). Born in 1996, she has worked for BP Norge since 2002 and has been a member of this company’s top management as head of health…
Exploration is expanding from West Africa’s Sierra Leone to Namibia, explains Bruce Nichols, led by sustained high oil prices, improving technology, relative political stability and a more supportive operating environment. Cobalt’s potentially…
Gertjan van Mechelen has joined ERHC Energy as exploration manager. Previously with ConocoPhillips and TransAtlantic Petroleum, he will oversee the company’s Africa-focused exploration activities.
David Walker has been named as CEO of DNV KEMA. He started his career as a geologist with Amoco and served as president of BHP Billiton’s petroleum operations in the North Sea, North Africa, Middle East and Australia before joining DNV in 2007…
Aker Solutions has agreed to acquire National Petroleum Services’ NPS Energy business unit, which employs approximately 900 people and provides well intervention services in the Middle East and North Africa.
Houston-based Optimization Petroleum Technologies (OPT) has named DeepDraft Energy as agent to sell and implement OPT’s PEOffice software suite throughout Africa, with an exclusive focus on Nigeria and Ghana.
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