Africa
Sasol to Search for Oil Off South Africa’s East Coast
Sasol, through its upstream oil and gas subsidiary, Sasol Petroleum International, yesterday signed an Exploration Right permit to explore for hydrocarbons on the East Coast (Durban and Zululand basins), offshore Kwazulu-Natal province, with the Petroleum Agency South Africa (PASA). The Exploration
Busy African Ports Open Up to Jade Master Terminal
Jade Software’s port management software, Master Terminal has been selected by one of Africa’s busiest port operators, Ghana Ports and Harbours Authority, to operate two of the continents major sea ports. Ghana’s Tema and Takoradi ports which are some of the busiest terminals in West Africa are stra
Tema and Takoradi Ports Open Up to Jade Master Terminal (Ghana)
Jade Software’s port management software, Master Terminal has been selected by one of Africa’s busiest port operators, Ghana Ports and Harbours Authority, to operate two of the continents major sea ports. Ghana’s Tema and Takoradi ports which are some of the busiest terminals in West Africa are stra
Ophir Sells 20 Pct Interest in Tanzanian Blocks
Ophir Energy said that it has entered into an agreement to sell to Pavilion Energy a 20 percent interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million. Highlights of the Transaction Consideration payable to Ophir on completion of the Transaction of US$1,250 million w
Sterling Energy Provides Update on Ambilobe and Ampasindava Blocks (Madagascar)
Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company, provides an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar. A 1,363 km 2D seismic programme is currently in progress on the Ampasindava Block. The programme is desi
Fastnet Preparing Farm-Out Deal for Foum Assaka Block (Morocco)
Fastnet, the listed E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, has selected a preferred bidder and entered into an exclusivity agreement with that party in respect of the farm-out of its interest in the Foum Assaka licence area, offshore Morocco. The Prefer
Ophir Sells Share in Tanzanian Blocks to Pavilion Energy for $1.3B
Ophir Energy plc has entered into an agreement to sell to Pavilion Energy a 20 per cent. interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million. Highlights of the Transaction · Consideration payable to Ophir on completion of the Transaction of US$1,250 million with f
APM Terminals: Record Volume and Result
APM Terminals handled 9.3 million TEUs (weighted by equity share) during the 3rd Quarter of the year. This is a new record for container volumes to pass through the global port operator’s worldwide portfolio during one quarter. The Netherlands-based international port and inland services operator al
Sterling Energy In Talks for Seismic Survey Over Ambilobe Block (Madagascar)
Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company has provided an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar. A 1,363 km 2D seismic programme is currently in progress on the Ampasindava Block. The programme is d
EU Naval Force Flagship Hosts Contact Group on Piracy Off Somali Coast
On Monday, 11 November 2013, the EU Naval Force Operation Atalanta Flagship, HNLMS Johan de Witt, has hosted the Contact Group of Piracy off the Coast of Somalia (CGPCS) during the Counter Piracy Week in the port of Djibouti. Government representatives from all over the world took the opportunity to
Oil Found at Oyo Field in Miocene Zone (Nigeria)
CAMAC Energy Inc. today announced it has been informed by Allied Energy Plc that the Oyo-7 well offshore Nigeria in OML 120 has confirmed the presence of hydrocarbons in the Miocene formation. This marks the first time a well has been successfully drilled into the Miocene formation of the Oyo oil
Stork, Oryx Form JV to Serve MENA Market
Stork Technical Services (“Stork”), a global provider of knowledge based asset integrity services for the oil & gas, power & chemical utility sectors and Oryx Energy Products & Services LLC (“Oryx”), a service provider for the oil & gas, petrochemical and utility sectors based in Qatar, are establis