NNPC, Total eye 100,000 bpd Ofon 2 Jul 19, 2007
Nigerian National Petroleum Corp. and Elf (Total) have started Phase 2 of the Ofon field development, 50 kilometres off the southwest coast of the West African country. 
Total of Paris has had to halve production at its 220,000-barrel-per-day Dalia field offshore Angola, after a turbo generator failed, it was understood Thursday. 
Africa-focused explorer Afren has farmed into Excel Exploration & Production Ltd.’s Eremor field development in Nigeria, where officials have given their go-ahead for development. 
Swiss-based West African explorer Adax Petroleum has discovered oil and gas offshore Nigeria for a third time, with block OML137 showing “potential for signficant gas exports”.
Nigerian special troops have stymied a purported kidnapping attempt at a Daewoo yard and reports indicate one would-be kidnapper was killed and several injured. 
Libya’s National Oil Corporation has launched a licensing round aimed at its “prospective gas areas throughout the prolific geologic basins”, including four offshore blocks of some 10,300 square kilometres.
Nigerian gunmen ended an uneasy truce early Wednesday and attacked an oil platform at Soku island off the oil rich Niger Delta, taking five people hostage. 
Edinburgh-, Scotland based Africa explorer Bowleven has made a “significant” oil and gas discovery in shallow water offshore Cameroon, it was understood Tuesday. 
Total has turned on the taps for Sonangol and partners at the two-year-long Rosa development, where the production of oil has begun 135 kilometres offshore the rebuilding African contry. 
Ireland-based North Africa explorer Circle Oil has posted a near 60-percent greater loss for 2006 than the year before, a $2.78 million deficit incurred for the gain of “lower risk” exploration acreage. |
||||||||
U.K. independent oil company Circle Oil and Tunisian explorer EXXOIL have hired Oil Field Services Co. to drill two onshore wells in the southern African country. 
Drilling, logs and fluid tests tell Tullow Oil that a “high impact” light-oil discovery has been made at the Mahogany-1 exploration well in the West Cape Three Points licence offshore the Republic of Ghana.
Niger Delta militants have agreed to cease attacks on the oil industry in Nigeria after the release from custody of one of their leaders, who had been detained for two years. 
Swedish company Tethys Oil has struck a deal with Morocco’s oil company ONHYM, Dana Petroleum and Eastern Petroleum to secure acreage featuring a gas find.
Circle Oil rounds up $30M from KGL of Kuwait Jun 11, 2007
London-listed independent Circle Oil has signed a loan for shares agreement with KGL Petroleum Co. of Kuwait, whereby some nine exploration wells and development drilling in Tunisia and Morocco will be covered. 
Despite project permit delays worldwide, Marathon Oil and partners are on-stream six months ahead of schedule with cargoes from a first train of liquefied natural gas, or LNG, from Bioko Island, Equatorial Guinea. 
Pancontinental Oil & Gas NL, through Joint Venture (JV) partner Gippsland Offshore Petroleum Limited has completed the FALCON® airborne gravity data survey to further delineate leads in its 40% held Block L-6 in Kenya’s Lamu Basin.
Shell’s Bonny terminal closed by Nigerian “youth” May 16, 2007
Protesting “youths” in Nigeria have managed to shut-down a key pipeline “manifold” supplying the 170,000-barrel-per-day Bonny export terminal, it was reported Wednesday.
Chevron is evacuating several hundred Nigeria personnel after a rash of kindappings with not apparent let-up in sight or a solution to their security offshore, it was learned at the weekend. 
Algeria explorer First Calgary has posted a $2.4 million loss after spending some $50 million in the first three months of 2007, as it turns the Algerian desert into a sea of appraisal wells, just as the TAGI “pools” look commercial. |
||||||||
|
