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17 Oct 17
Equatorial Guinea: Ophir Energy awarded offshore acreage in EG Ronda 2016
The Ministry of Mines and Hydrocarbons, Ophir Energy and national oil company GEPetrol have signed a new production sharing contract (PSC) for Block EG-24 offshore Rio Muni, Equatorial Guinea. Block EG-24 (formerly Block EG-20 and Block M) is one of 20 exploration areas marketed during the EG Ronda 2016 licensing round.
17 Oct 17
Tendeka secures trio of Middle East contracts
Following a recent award by the Kuwait Oil Company to deliver a lower completions project, Tendeka, a global leader in advanced completions and production optimisation, has been awarded two further contracts in the Middle East.
17 Oct 17
Algeria sees energy law amendment by end of 2018
Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities said on Monday, giving the first timeline for a much-anticipated move.
16 Oct 17
African Petroleum provides update on West Africa operations
African Petroleum has provided an update on its operations in The Gambia, Senegal, Cote d'Ivoire and Sierra Leone. In The Gambia, the Company is in the process of commencing arbitration proceedings in order to protect its 100% interest in the A1 and A4 licences.
16 Oct 17
Iraq: DNO reports first payment under Kurdistan receivables settlement
DNO, the Norwegian oil and gas operator, has reported the first payment from the Kurdistan Regional Government under the recently concluded agreement covering outstanding receivables for past crude oil deliveries.
15 Oct 17
Iraq: Kurds block Iraqi forces access to Kirkuk oil fields
Kurdish Peshmerga fighters rejected a warning from an Iraqi paramilitary force to withdraw from a strategic junction south of Kirkuk, which controls access to some of the region’s main oilfields, a Kurdish security official said on Sunday.
15 Oct 17
Lebanon: Total, Eni and Novatek consortium submits bids for two blocks in Lebanon's first offshore licensing round
Only one consortium, comprising three companies, submitted bids in Lebanon's first offshore licensing round. A consortium of Total, Eni and Novatek submitted bids on Blocks 4 and 9.
15 Oct 17
Saudi Aramco in talks to shelve international IPO - FT
Saudi Aramco is considering shelving plans for an international public offering in favour of a private share sale to world sovereign funds and institutional investors, the Financial Times reported
15 Oct 17
Tanzania: Ocean Rig signs contract wth Statoil to drill offshore Tanzania
Ocean Rig has signed a new drilling contract with Statoil, for a one-well drilling program offshore Tanzania. The contract for the Ocean Rig Poseidon is expected to commence in Q1 2018.

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