CAMAC Energy Announces Additional Drilling Rig for Offshore Nigeria

CAMAC Energy has reported that it has signed a contract with a subsidiary of Transocean Ltd. for the provision of the semi-submersible drilling unit Sedco Express for drilling and completion activities offshore … Read More

RAK Petroleum Increases Côte d’Ivoire Stake

Oslo-listed oil and gas investment company RAK Petroleum plc has announced that it has increased its stake in Côte d’Ivoire Block CI-27 to 9.1 percent following the acquisition by Foxtrot … Read More

BP’s operates the world’s first robotic coreflooding system

BP recently announced that it is now operating the world’s first robotic coreflooding system the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding which is … Read More

Ormat to Expand Olkaria III Geothermal Complex in Kenya by 24 MW

Ormat Technologies has announced today its subsidiary has signed an amended and restated Power Purchase Agreement (“PPA”) with Kenya Power and Lighting Company Limited (KPLC), paving the way for the … Read More

Mozambique president meets with Eni executives to review progress

The President of Mozambique, Armando Emilio Guebuza on Wednesday met with Eni’s Chief Executive Officer, Claudio Descalzi, to review progress on the development of ongoing projects in the country. During … Read More

Schlumberger reduces seismic fleet as deepwater exploration spending falls

The world’s largest oilfield services company Schlumberger has announced it will be reducing its WesternGeco fleet as lower commodity prices lead to short-term cost cutting measures by exploration companies. According … Read More

Drilling in Kenya’s Block 11A to begin within 12-16 months

Block 11A partner Houston based ERHC has announced that together with the block operator CEPSA Kenya Limited (a wholly owned affiliate of Compañía Española de Petróleos, S.A.U. (CEPSA) it plans … Read More

Swala Energy hints possible Farm-in in Eastern Africa

Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More