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Ceona Wins Nigeria Awards

Surf contractor Ceona was recently awarded two new contracts out of Nigeria. The new contracts underpin Ceona’s rapidly-evolving footprint and track record in the region, along with its local strategic partner Marine Platforms Ltd (MPL). The contracts, which are worth a total of more than $30 million, will see Ceona providing vessels as well as […]

November 11, 2014 Read More

Tunisian Authorities Counter Sud Tozeur Sale Proposal

Cygam Energy Inc. received a revised proposal from the Tunisian authorities regarding the sale process for the Sud Tozeur permit, in which it owns 100% stake. Rigo Oil Company Ltd., a wholly owned subsidiary of Cygam, submitted a revised proposal to the Tunisian authorities on September 11, in which Rigo and YNG Exploration Ltd. (YNG) […]

November 11, 2014 Read More

Another Flow Stoppage for Libya

Libya has seen another oil field shut in, this time it is the El Feel oil field operated by NOC and ENI. According to reports, the field was shut down due to a power outage. The El Feel shut in follows the El Sharara field closure late last week when gunmen stormed the field.  It […]

November 11, 2014 Read More