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Cairn Hires Xodus for Senegal Studies
Cairn has awarded London-based engineering consultancy Xodus Group two Environmental and Social Impact Assessment (ESIA) contracts, relating to Cairn-operated blocks offshore…
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Australia's FAR Expects Conoco Ruling Mid-2018
Australian independent FAR has reported a 1H2017 loss of A$22.3mn, up 99% year on year due to higher exploration costs and foreign exchange losses. The increase in exploration…
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FAR Says Guinea-Bissau Changes Approved
Australian independent FAR said August 25 it has received official confirmation that the increase in equity and amendments to the Guinea-Bissau licences, announced in…
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Tortue Test Validates FLNG Plans: Kosmos
US-based and newly London-listed independent Kosmos Energy said August 23 it has successfully completed a drill stem test (DST) of the Tortue-1 well offshore Mauritania in 2,700…
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Cairn: Senegal Oil First, Gas Maybe Later
UK-based Cairn has outlined its plans for a major oil development offshore Senegal, noting that gas could be developed for export in a later phase. Concept selection for its…
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Kosmos Finishing Tortue Test, Then Will Scout for Oil
As part of its effort to monetise gas offshore Mauritania-Senegal, Kosmos Energy began a drill stem test (DST) at the Tortue-1 gas field August 2. CEO Andrew Inglis told…
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Kosmos Narrows Loss, Still Expects LNG in 2021
Kosmos Energy narrowed its net 2Q loss to $8.5mn, compared to a loss in 2Q2016 loss of $108.3mn. “We are also advancing the development of our large gas discoveries…
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Cairn Pleased with 11th Senegal Discovery Well
UK independent Cairn Energy says it has found oil and gas at its SNE North-1 exploration well in the primary objective, plus oil in the deeper secondary objective in a…
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US Kosmos to Seek London Listing
US independent Kosmos Energy, which discovered multiple gas fields offshore Senegal and Mauritania into which BP farmed last year, said August 2 it intends to pursue a…
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Total Profits Up in Volatile Q2
French oil major Total reported a second-quarter profit of $2.5bn, up 14% on the same period last year, despite only a 9% increase in oil prices and a 15% rise in gas prices.…
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African Petroleum Awaits Gambian Response
Oslo-listed explorer African Petroleum Corp (APC) provided an update July 20 on The Gambia, where the government is disputing its title to acreage, and Senegal. Offshore acreage…
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World Bank Boosts Loans To Senegal
The World Bank has signed four financing agreements with Senegal to support key economic sectors, including natural gas, a statement from the government revealed July 6. The…
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Cairn Finds More Oil off Senegal
Senegal’s reputation as an oil and gas exploration hotspot has been further bolstered by another oil discovery by UK independent Cairn Energy. Its latest well, FAN South-1 &…
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FAR Cleared to Operate Gambia Blocks
Australian independent FAR has had its March 2017 application to acquire an 80% operating interest in two West African offshore blocks A2 and A5 approved by the Gambian government.…
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FAR Files for Arbitration over Senegal
Australian independent FAR Limited has filed for arbitration in its dispute over ConocoPhillips' sale to Woodside. FAR said June 20 it has made a request to the…
