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Africa Oil Exploration News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Africa Oil & Gas.
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Latest Africa Oil Exploration News

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  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... especially in the area of research and exploration," said Egyptian Minister of Petroleum Sameh Fahmi. ...

  • New Zealand - A very important speech by farm boss Don nicolson 6 Dec 2009 00:31 GMT
    ... & Wool New Zealand Monitor Farm public fielday in Fairlie. Thank you for the opportunity ... make it feasible to have low impact exploration. Can we have our cake and eat ... its infancy, yet the skills developed for oil and gas exploration are being applied. New Zealand ...

  • Moody's mildly upbeat on crude 5 Dec 2009 20:35 GMT
    ... GMT Moody's noted some big successes in exploration, such as at the Campos basin off ... rosier view of business prospects for multinational oil companies amid forecasts of a recovery in global ... an easing in industry costs,” Moody’s said. Crude prices of about US$75 a barrel in ...

  • SMW Gold Announces Assay Results for Gold Deposits in Egypt 5 Dec 2009 16:15 GMT
    ... SMW Gold, a junior exploration and mining company based in Moscow, Russia, ... Egypt in partnership with the Egyptian Mineral Resources Authority (EMRA) since 2007. The territories licensed ... interview, Mr. Sameh Fahmy, Egypt's Minister of Petroleum and Mineral Resources, stated: "We have huge ...

  • Sinopec Inks Gas Deal with Exxon 5 Dec 2009 12:36 GMT
    ... via COMTEX News Network) -- The China Petroleum & Chemical Company, or Sinopec (SNP) has ... integrated natural gas project that covers the exploration, treatment and delivery via onshore and offshore ... owns 41.5% of the PNG project, while Oil Search Ltd., Santos Ltd. and Nippon Oil ...

  • Lake Kivu's Deadly Secret [opinion] 5 Dec 2009 06:25 GMT
    ... possesses little of the lucrative finite natural resources that have traditionally attracted investment in neighbouring ... while the country - dependent on imported oil and hydroelectric power - regularly experiences frequent blackouts. Power ... 100MW for 400 years' was worthy of exploration. Already, extracted methane has been used to ...

  • Research Update: Grasim, Zensar, Alphageo, Apollo Tyres 5 Dec 2009 10:52 GMT
    ... of Rs 390 million orders from the Oil and Natural Gas Corporation (ONGC) in Cauvery basin (the ... Adani group (Rs 170 million) and Selan Exploration Technology (Rs 120 million). The order pipeline ... revenue growth outlook and improved utilisation of resources (seismic crews). Given its strong performance in ...

  • Hess Provides Test Results Of A1-54/01 Well Offshore Libya 3 Dec 2009 17:10 GMT
    ... The Western Australian Department for Mines and Petroleum (DMP), as the delegate for the joint ... and Energy and the Weste ... ExxonMobil Exploration and Production Philippines B.V, a unit of ... the winners of the working area of oil and gas supply and the working area ...

  • Supermajors' resources might be drying up 30 Nov 2009 14:33 GMT
    ... the forefront the challenges facing the supermajor oil and gas companies. Despite dominating hydrocarbon development throughout the ... , are often as equally skilled at exploration and production but also often lack the ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • Oil Supermajors' Resources Might Be Drying Up 30 Nov 2009 21:40 GMT
    ... to bear on these projects. Large independent oil companies, such as Anadarko ( , are often as equally skilled at exploration and production but often lack the financial ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • Talisman Energy Encounters Oil At Exploration Block In Northern Peru 2 Dec 2009 16:13 GMT
    ... ExxonMobil Exploration and Production Philippines B.V, a unit of ... the winners of the working area of oil and gas supply and the working area ... cash sink to $383 mill ... Dana Petroleum Plc (Dana Petroleum) and its co-venturers have ...

  • VAALCO Energy Extends Etame Exploration Permit To 2014 1 Dec 2009 17:30 GMT
    ... VAALCO Energy Extends Etame Exploration Permit To 2014 HOUSTON, Dec. 1 /PRNewswire-FirstCall/ ... Gabon Etame, Inc. Other partners are ADDAX Petroleum Etame, Inc. (33.9%), Sasol Petroleum Etame Limited ... but are not limited to, volatility of oil and natural gas prices, future production costs, ...

  • Canoro Resources Ltd. Announces Its Results for the Quarter Ended September 30, 2009 30 Nov 2009 23:30 GMT
    ... 2,629 2,310 3,810 (39) 2,483 3,771 (34) Oil and Condensate (bbl/d) 172 129 288 (55) 151 ... in two parts, to consider the separate exploration period of Nagaland part of the Block; ... not earn a participating interest in the field, and is not responsible for future capital ...

  • Falklands' Oil - Time to Defuse the Bomb 4 Dec 2009 02:34 GMT
    ... Falklands' Oil - Time to Defuse the Bomb December ... prices it is difficult to obtain an exploration rig, let alone one for production. If ... for drilling in a frontier province. Desire Petroleum had to wait years for a suitable ...

  • Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 2 December 2009 3 Dec 2009 01:13 GMT
    ... Dec 3, 2009 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) The drilling report for the ... Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well Operations at Paralana-2 have resumed after ... 0m Well Participants NS377-4 (TEEN) BPT 20.00% Oil Development BP* 50.00% North Shadwan TOE 30.00% ...


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