Victoria on track for Logbaba December delivery

VICTORIA OIL & GAS is on track for December gas delivery from its Logbaba gas project in Cameroon and had signed gas sales pacts for 20 years.

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RWE, BP to Jointly Invest $9 bn in Offshore Egypt Blocks

RWE DEA, THE gas and oil exploration and production unit of German utility RWE, said Monday it will jointly invest US$9bn in the development of two offshore gas fields in Egypt with project operator BP.

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Eni Fires Up Gas Production Offshore Egypt

ENI HAS STARTED gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up period in September, this project will produce 4.5 mn scm/day of gas which will contribute about 8,500 boe/day to Eni's equity share production.

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Gas Pricing: Oil Firms, PHCN to Revise Accord

FOLLOWING PRESIDENT GOODLUCK Jonathan's approval of new prices for gas-to-power, oil companies that supply gas to the Power Holding Company of Nigeria (PHCN) are planning to meet with the power utility company to revise previous agreements on gas supply.

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Dominion sizes up Tanzanian catch

UK INDEPENDENT DOMINION Petroleum said an independent audit showed mean prospective resources of 1.1bn barrels of oil or 7 Tcf of gas in its Alpha prospect on Block 7, offshore Tanzania.

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