Posts Tagged ‘african’

PTTEP calling on four suitors to bid for wellhead platform work

by on November 22, 2012 1:37 am BST
International assistance still a necessity onshore and offshore MARITIME hijackings and attacks off East Africa have fallen back in the face of concerted efforts by the international community to eliminate piracy, but would likely re-emerge if patrols were scaled back, leaving security to the practically non-existent African naval

Genel adds to Somaliland acreage

by on November 12, 2012 2:52 am BST
Jacka told the Australian Securities Exchange on Monday that it had signed a farm-out agreement to transfer operatorship and 50% equity in the Odewayne Block to Genel.Under the deal, Jacka (which will retain a 30% working interest) and block partner Petrosoma (which will hold the remaining 20% stake)

FEATURE-Gold fever sweeps South Sudan ahead of new mining law

by on November 9, 2012 10:17 am BST
By Hereward Holland NANAKANAK, South Sudan | Fri Nov 9, 2012 5:17am EST NANAKANAK, South Sudan Nov 9 (Reuters) - Taking a break from the toil of digging, Leer Likuam sat on the edge of a shallow trench, puffed his pipe and boasted he once found a 200-gram gold nugget bigger th a n

Nigeria floods take toll on output

by on November 7, 2012 7:07 pm BST
West African oil traders told Reuters six or seven cargoes of Nigerian crude of around 1 million barrels each have been delayed out of the total of 72 Nigerian crude cargoes that had been due to load in November."Production is back to normal and has been for some time. It was