West Africa ‘very promising’ for oil and gas
West Africa has a lot of potential for oil and gas exploration and “major discoveries†could be made in the region.
That’s the view of Vagit Alekperov (pictured), President of oil and gas company Lukoil, who made the comment during a press briefing in London earlier today. He said West Africa, especially Sierra Leone, is a “very promisingâ€Â
Oil exploration begins in Lamu
US-based firm, Camac Energy, is commencing exploration for oil and natural gas on two blocks in Lamu.
Camac has a contracted Canadian firm Sander Geophysics Limited to undertake geophysical surveys on the L1B and L16 onshore blocks in Lamu.
Oil and gas opportunities in Southern Africa
On 9th January 2013, Finding Petroleum ran a special event with the support of the South African dti, from the High Commission of South Africa
The event reviewed the scope for oil & gas exploration and production in Southern Africa, including Nambia,
CNPC to buy stake in Eni’s Africa gas assets
China National Petroleum Corporation (CNPC), the country’s largest oil producer, will spend $4.2bn for a stake in Italian firm Eni’s African natural gas assets, as China looks to feed energy demand while reducing its reliance on coal.
