Ghana’s Petroleum Commission has empowered the country’s home grown insurance companies to gain a significant share of the upstream petroleum business.
After several rounds of conversation involving oil companies,
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29metres Net, no water contact, 500metre column, but the number of reservoirs remains undisclosed
London listed Cairn Energy has given notice that Senegal is about to join the oil club. On October 7, 2014, the Scottish independent announced an oil discovery offshore the Northwestern country, one of the least explored territories on the continent.
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Revenue will reduce company’s outstanding receivables of $280Million to nominal levels by 2018
Dana Gas Egypt has concluded a Gas Production Enhancement Agreement (GPEA) with the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Company (EGPC).
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‘Opportunity aligns with Statoil’s exploration strategy of early access at scale and deepening core positions’.
By Mohammed Jetutu, North Africa correspondent
Algeria has opened the way for detailed technical investigation of its shale gas resources, estimated at 707 Trillion Cubic Feet (Tcf) by the Energy Information Administration (EIA).
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The company may adopt the family driven Moni Pulo management model
By Sully Manope
Martin Trachsel will be leaving SAPETRO, the Nigerian independent, at the end of September 2014.
He will be briefly succeeded by Dan Oguche, who retired from the company in 2013, but is currently a consultant in the system. Mr. Oguche is designated “Acting Managing Director”.
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