COTE d’IVOIRE: Tullow signs Production Sharing Contract for CI-803 Offshore Exploration Licence

Tullow Oil plc (Tullow) has signed a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity, the remaining 10% … Read More

ADC Energy Awarded Operational Assurance & Rig Contract in West Africa

Reflective of the recent upturn in international drilling activity, ADC Energy has secured a new contract in West Africa providing operational assurance and rig acceptance. The contract, which is worth $250,000, is scheduled … Read More

NIGERIA: Chevron, NNPC Sign $1.4bn Financing Deal for Hydrocarbon Projects in Niger Delta

The Nigerian National Petroleum Company (NNPC) and Chevon’s subsidiary in Nigeria Chevron Nigeria have sealed  a $1.4 billion for “Project Panther” involving external project finance projects in the Niger Delta. The … Read More