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Mart Joins Consortium to Gain Nigerian Assets

Mart Resources increased its holdings in Africa announcing that it joined a consortium that had entered into an assignment agreement with the Shell Petroleum Development Co. of Nigeria, Total E&P Nigeria, and Nigerian AGIP Oil Co.The ...

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Technology

2013-05 Stingray PRM System - small

The Value of PRM in Assuring Your Investment in Increased Oil Recovery

Innovative uses of seabed seismic technology will help operators glean billions from new and mature fields. High potential returns with low risk and lower lifetime cost of ownership are increasingly attractive. The active promotion of reservoir surveillance will directly impact a country’s economy where responsible stewardship of national petroleum resources is a priority.  Read more

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Web Exclusives

  • 300 Security Concerns Cloud Kenya’s Promising Future

    Kenya is poised to earn billions of dollars from oil revenues in the coming decades, but ongoing problems with Islamic militancy in the region are casting a pall over otherwise upbeat assessments about Kenya’s future as an oil exporter.  Read More

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  • East Africa East Africa Licensing Update

    When bidding in Tanzania’s 4th Offshore Licensing Round was officially closed on 15 May, the Tanzania Petroleum Development Corporation (TPDC) announced bids by CNOOC, RAK Gas, ExxonMobil/Statoil, Mubadala and Gazprom and with other licensing rounds in the region scheduled; there remain opportunities for exploration companies with an eye on the market to secure fresh acreage. […]

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