Woodside Petroleum said today that its purchase of a stake in Senegalese oil assets had been approved by the West African country.
FAR Limited has asked for arbitration proceedings to be commenced to resolve a row over assets offshore Senegal.
A row between two Australian energy firms could delay production start-up from a major oil development involving Cairn Energy off Senegal.
Cairn Energy today confirmed it has completed its ninth successful well in Senegal in three years.
BP has hailed a major gas find off the West African coast as proof of a "world-class" hydrocarbon basin.
Cairn Energy has successfully drilled the sixth appraisal well offshore Senegal.
Cairn Energy's chief executive today said the firm was well-positioned to deliver on behalf of its shareholders.
Cairn Energy's Senegal appraisal well has lived up to expectations, according to the firm.
Woodside Petroleum has completed a purchase price of $350million for ConocoPhillips' Senegal interests.
Australian exploration firm FAR has intervened in ConocoPhillips’ plans to sell its 35% stake in an oil play off Senegal to Woodside Petroleum for up to $430million.
Scottish oil explorer Cairn Energy said today the North Sea Catcher and Kraken fields are still on track for first oil in 2017.
Cairn Energy today said its fourth Senegal appraisal well confirmed reservoir extensions, spanning more than 5km.
Cairn Energy said its Senegal drilling campaign continues to yield positive results.
Cairn Energy today confirmed the success of its second appraisal well offshore Senegal.
Woodside Petroleum has added to its exploration acreage in Africa after gaining interests in Senegal and Guinea-Bissau.
Kosmos Energy said it has made a significant gas discovery offshore Senegal.
Cairn Energy today confirmed it had made a commercial find offshore Senegal.
FAR Limited said the first appraisal well to be drilled on the SNE field offshore Senegal has been spudded. The SNE-2 well will be drilled in approximately 1,100 metres of water and drilled to a total vertical depth subsea of 2,770 metres before an evaluation program including logging, coring and flow testing is undertaken.
FAR Limited said drilling has started to appraise the SNE oil discovery offshore Senegal. Three wells will be drilled back to back in a program estimated to be completed in the middle of next year. The company said both the SNE-2 and SNE-3 appraisals will be logged, cored and flow tested.
Australian oil and gas explorer FAR has entered into a farm-in option agreement with a subsidiary of Trace Atlantic Oil for the Djiffere block offshore Senegal.
Power producer APR Energy has completed two significant projects in Africa.
Cairn Energy remains focused on the billion barrel oil prize that is within reach from its discovery in West Africa.
Cairn Energy has made reductions to its staff cutting 40% of its headcount in both full-time employees and contractors. The company made the announcement in a pre-close update in which it said its 2015 focus would be on an appraisal and exploration programme in Senegal. Cairn is currently still engaged in discussion with the Indian Tan department as it struggles to gain access to the value of its 10% share of Cairn Energy.
Cairn Energy has completed work on the SNE-1 well in Senegal after failing to hit hydrocarbons at a lower target. The company and its joint venture partners had previously discovered oil in the upper clastic target. However the deeper target of Karstified and fractured Lower Crestaceous shelf carbonates returned no hydrocarbons, Cairn Energy said.
Cairn Energy has made a second oil discovery during its Senegal exploration programme. The Scottish oil firm announced last month it had made an initial oil find it its FAN-1 exploration well in the West African country. The SNE-1 well is located in 1,100 metres water depth and is 100km offshore in the Sangomar block.