EGYPT: TAG Oil Provides Operations Updates & Strategic New Acquisition to Expand Unconventional & Conventional Acreage Position

CURRENT OPERATIONS – Badr Oil Field (BED-1 Concession) Production from the BED4-T100 (T100) horizontal well is averaging 200 barrels of fluid per day and 35 percent water. Operation of the … Read More

EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil

Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.   Under the agreement Petrofac will provide technical authority and discipline … Read More

SOUTH AFRICA: Petrobras Acquires stake in the Deep Western Orange Basin block

Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through … Read More

MOZAMBIQUE: McDermott Awarded FEED Contract for the Rovuma LNG Phase 1 Project

 McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract  in Mozambique, a joint venture between ExxonMobil Development … Read More