Siemens Energy was awarded an order for three of its model SGT-500 gas turbines to Nigeria. The order is the first order for this type of unit to come out of the West African country. The customer is Edo Cement, a company belonging to the Nigerian BUA Group. The turbines will be deployed for electric […]

Cobalt International Energy is expecting to spud its next well offshore Angola shortly. In its annual report the company said that it moved the DiamondOcean Confidence rig to the Mavinga #1 location within Block 21. The Mavinga #1 well is a pre-salt exploration well. On Block 20, also offshore Angola, Cobalt is expecting to spud […]

Sirius Petroleum entered into an exclusivity off-take agreement with Glencore Energy UK Ltd. The agreement includes the provision for a conditional pre-financing facility of up to $65 million, which will be netted against the initial sales of crude oil production, for the development of the company’s near-term production assets offshore Nigeria. Under the terms of […]