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23 Jan 20
Nigeria: ADM Energy to increase its investment portfolio cross Nigeria and West Africa
AIM-listed ADM Energy, a company which currently holds an interest in OML 113, offshore Nigeria, which contains the Aje field, has oulined a strategy to build a larger investment portfolio of projects across Nigeria and West Africa in 2020 and beyond.
22 Jan 20
Gabon: VAALCO announces operational update including successfully restoring production at Etame 10H and Etame 4H wells
VAALCO Energy has provided an operational update on its 2019/2020 drilling program offshore Gabon. The Company has successfully completed a planned workover on the Etame platform for the Etame 10H well and restored 600 gross BOPD. Stabilized production rates of 1,000 gross BOPD have been achieved from the Etame 4H well brought online in December 2019.
22 Jan 20
Egypt: United Oil & Gas provides update on Abu Sennan ASH-2 well and Rockhopper acquisition timetable
AIM-listed United Oil & Gas has provided an update on the proposed acquisition of Rockhopper Egypt from Rockhopper Exploration, including further detail regarding the ASH-2 well which was recently drilled at Abu Sennan.
22 Jan 20
Gabon: Panoro Energy announces completion of the second Tortue phase 2 development well, offshore Gabon
Panoro Energy has announced the successful completion of the DTM-5H well, the second of the phase 2 Tortue development wells on Dussafu permit, offshore Gabon.
22 Jan 20
Senegal: FAR signs MoU with Glencore to market Sangomar field oil
FAR Limited has signed a binding Memorandum of Understanding ('MoU') with Glencore Energy (UK) for the full allocation of the Company’s share of crude oil from the Sangomar field.
21 Jan 20
Saudi Arabia: Valaris provides update on ARO Drilling joint venture
Valaris has announced that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has ordered two newbuild jackup rigs from International Maritime Industries. Upon delivery, each rig is expected to commence an eight-year contract with Saudi Aramco and operate at a day rate determined by a six-year EBITDA payback.
21 Jan 20
Saudi Arabia: Wood cements position as strategic partner to Saudi Aramco
Wood has secured a two-year extension to its in-Kingdom and out-of Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company (AOC) for its unconventional gas programme, extending awards originally secured in 2014.
21 Jan 20
Iraq: Gulf Keystone announces operational and corporate update
Gulf Keystone Petroleum has provided an operational and corporate update in advance of the Company's full year 2019 results. With the continued development of the Shaikan field, the Company expects to increase average production in 2020 by more than 30 percent year-on-year to 43,000-48,000 bopd.



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