Bright start: President Petroleum has had success with its first well in Argentina
President tastes Argentina success
London-listed President Petroleum has hit oil in its first well to be drilled in Argentina on the Puesto Guardian concession.
GDF Suez ready to march towards Bonaparte FLNG
French energy company GDF Suez is laying the groundwork for a big competitive battle for a crucial engineering and design contract on the €3 billion to €3.7 billion ($3.9 billion to $4.8 billion) Bonaparte floating liquefied natural gas project in northern Australia.
50 in race for Petrobras pre-salt topsides tender
Brazil’s Petrobras has received more than 50 commercial proposals on a massive tender covering the fabrication of topsides modules and integration on eight floating production, storage and offloading vessels to be used on pre-salt fields.
Two Sudans sharing eye of the storm
Civil and ethnic strife amid historic conflicts over natural resources have long characterised the Horn of Africa and the north east of the continent.
BG Group banks on new schemes for production boost
UK-based BG Group is banking on strength in the liquefied natural gas sector and a string of new development projects in Brazil and Australia to propel it towards production of more than 1 million barrels of oil equivalent per day by 2015.
Cobalt boosts Kwanza basin play with Cameia find
US independent Cobalt International Energy has made a potential 2 billion barrel pre-salt oil discovery off Angola that has major implications for future exploration of the nascent play in the Kwanza basin and farther afield from Gabon through to Namibia.
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