Africa
Neoedge Launches 2nd Annual Africa Gas and LNG Summit 2011
Africa Gas and LNG Summit 2010 (AFGAS) held last winter in Johannesburg was a roaring success. Encouraged and supported by our esteemed industry partners, Neoedge is announcing the launch of the 2nd Annual Africa Gas and LNG Summit 2011 which is scheduled to be held from 19 to 22 July 2011. The four
Cameron to Take First Quarter Charges Related to Subsea Systems Project in Nigeria
Cameron will record a first quarter charge of approximately $0.15 per share associated with delays on a subsea systems project in Nigeria. Cameron President and Chief Executive Officer Jack B. Moore said, “Large subsea projects in emerging countries carry varying levels of risk, especially with resp
Shell Plans USD 200 Million Investment in South African Shale Gas
International petroleum group Shell could spend up to 200 million US dollars (about 1.4 billion rand) in the exploration phase of its plans… (iol) [mappress] Source: iol, March 28, 2011;
Anadarko Finds Oil, Gas Off Ghana
Anadarko Petroleum Corporation today announced a deepwater discovery at the Teak-2 prospect, located in the West Cape Three Points Block offshore Ghana. The Teak-2 exploration well encountered approximately 90 net feet of high-quality oil, condensate and natural gas pay in stacked Campanian- and Tur
Statoil Drills Duster Offshore Egypt
The exploration well targeted the Kiwi prospect in the El Dabaa licence, located in the Mediterranean west of the Nile Delta, with a water depth of around 2,700 metres at the drill site. Extensive logging has been performed in the well, and preliminary results show that the well is dry. The offshore
Nigeria: Afren Announces New Additions to Technical Management Team
Afren plc (“Afren or “the Company”) announces the appointment of Dr Niall McCormack as Exploration Director and other senior additions to the technical management team. Appointment of Exploration Director Afren announces the appointment of Dr Niall McCormack as Exploration Director, who assumes resp
Tullow Announces Hydrocarbon Discovery at Teak-2 Well, Offshore Ghana
Tullow Oil plc (Tullow) announces that the Teak-2 exploration well in the West Cape Three Points licence offshore Ghana has discovered 27 metres of net hydrocarbon bearing Campanian and Turonian reservoirs. The well was targeting an undrilled fault block between the Jubilee field and the Teak-1 disc
Hyperdynamics Raising Money for Offshore Guinea Drilling Program
Hyperdynamics Corporation today announced that it intends, subject to market and other conditions, to offer its shares of common stock pursuant to a shelf registration statement under the Securities Act of 1933, as amended. The Company also intends to grant the underwriter a 45 day option to purchas
Egypt: Government to Review Gas Contracts
The Egyptian government is examining contracts for natural gas sales that are linked to the prices of Brent crude, the petroleum minister sa… (upi) [mappress] Source: upi, March 24, 2011;
Afren Acquires Stake in Tanga Block, Offshore Tanzania
Afren today announces that it has acquired a 74 per cent. operated working interest in the Tanga Block, located offshore Tanzania, from Petrodel who will retain a 26 per cent. interest in the block. In consideration for the acquisition of the interest, Afren has agreed to reimburse Petrodel a percen
Nigeria: Plan for Deep Sea Port at Ibang Makes Progress
In a bid to further decongest the ports in Lagos and bring shipping operations closer to people in the South Eastern part of the country… By Godfrey Bivbere (vanguardngr) [mappress] Source: vanguardngr, March 24, 2011
Nigeria: Dredging on Benue River to Begin Soon
Vice President Namadi Sambo has said that the Federal Government would begin the dredging of the Benue River soon. (nigerianobservernews) [mappress] Source: nigerianobservernews, March 22, 2011