Search for Africa

09.10.2013 Tatneft Quits Libya

Tatneft has stopped working in Libya and evacuated all its employees who are Russian citizens. Ten employees who had been in Libya without their families returned home.

16.09.2013 Lukoil Spuds Offshore Sierra Leone

A new well has been spud off the coast of Sierra Leone by Lukoil Overseas and its partners Oranto and PanAtlantic. The well was spud on Block SL-5-11 using the Eirik Raude drilling rig in more than 2,000 meters of water.

28.08.2013 ONGC Buys Stake In African Gas Field

AFP reports that India's energy giant ONGC is buying a 10 percent stake in an offshore Mozambique natural gas field for $2.64 billion from the field's US operator Anadarko Petroleum, the two companies said.

23.08.2013 KCA Deutag Scores West Africa Contract

KCA Deutag reported signing two “significant” contracts recently valued at more than $165 million; one in West Africa and one in Norway.

20.08.2013 Kenya Planning East Africa’s First Oil Exports

Kenya is headed to become the first oil exporter in East Africa, moving in less than five years from being a have-not nation to the regional leader in cutting reliance on energy suppliers such as Royal Dutch Shell Plc.

09.08.2013 Soma Oil & Gas May Invest $20 Million to Survey War-Torn Somalia

Soma Oil & Gas Exploration Ltd., a U.K.-based company focused on Somalia, plans to invest about $20 million to survey the African nation rebuilding from decades of war, Chief Executive Officer Robert Sheppard said.

02.08.2013 ENI Strikes Oil and Gas Offshore Congo

Italy’s ENI hit oil and gas offshore the Republic of Congo (ROC) on the Marine XII Block. The discovery was made with the drilling of the Nene’ Marine 1 well, Petroleum Africa has reported.

02.08.2013 Apache Reports Seven Discoveries Across Egypt's Western Desert

Apache Corporation (NYSE, Nasdaq: APA) today reported seven oil and gas discoveries that highlight the geologic and geographic diversity across the company's 9.7 million gross acres in Egypt's Western Desert.

02.08.2013 Chevron Reports Second Quarter Net Income of $5.4 Billion

Chevron Corporation (NYSE: CVX) today reported earnings of $5.4 billion ($2.77 per share – diluted) for the second quarter 2013, compared with $7.2 billion ($3.66 per share – diluted) in the 2012 second quarter.

31.07.2013 Anadarko Sees More Pay in Mozambique

Anadarko Petroleum saw mixed results off the coast of Mozambique with the drilling of a few wells. One was a hit and the other was a miss. The company’s discovery was made with the drilling on the Espadarte prospect in Area 1.