has 30 trillion cubic feet of tested offshore gas and 660 million
barrels of oil
"In just 10 percent of that area... we have 30 trillion cubic feet
(850 million cubic meters) of gas and 660 million barrels of oil"
Speaking at the Arab Economic Forum, Gebrane Bassil said scanning
was now complete on 70 percent of the country's territorial waters
-- an area of some 15,000 square kilometers.
and Qatar plan to ship US natural gas to Britain
Exxon Mobil and Qatar Petroleum announced an agreement on Thursday
to ship liquefied natural gas to Britain from their proposed export
plant in the United States, offering another supply stream to the
island nation as domestic output dwindles.
Simba Energy signs MoU with Ajax Exploration to farm out Block 2A
onshore Project in Kenya
Simba Energy, the onshore pan-African oil and gas explorer with assets
in Kenya, Guinea and Chad, has signed a memorandum of understanding
(MoU) with Ajax Exploration..
Spike Exploration acquires Athena oil field production in deal with
Athena field (Source: Ithaca Energy)Spike Exploration UK (a wholly
owned subsidiary of Spike Exploration Holding) has acquired 15% out
of Dyas UK’s 32.5% working interest in the Athena oil field.
- Beach Energy completes farm-in with Chevron in Nappamerri Trough
All conditions precedent for the transfer to Chevron of initial Beach
interests in PEL 218 and ATP 855 have been satisfied. Cash payments
by Chevron to Beach relating to the initial farm- in have been made...