Continental Focus, International Reach

Tortue-1 DST a Success Offshore Senegal

Kosmos Energy and its partner BP have successfully completed the DST of the Tortue-1 well offshore Senegal. According to Kosmos, the DST confirmed the Tortue field as a “world-class resource and confirmed key development parameters including well deliverability, reservoir connectivity, and fluid composition.” The Tortue-1 well flowed at a sustained, equipment-constrained rate of approximately 60 […]

August 24, 2017 Read More

Gambia Offers African Petroleum’s Blocks for Licensing

 The government of Gambia has offered up Blocks A1 and A4 for licensing. The blocks were previously held by African Petroleum, but according to presidential spokeswoman Amie Bojang in a Reuters report, the blocks have expired. The statement from Bojangfollows a release from African Petroleum saying it was prepared to launch legal proceedings to defend […]

August 23, 2017 Read More

Total to Buy Maersk Oil & Gas

Total, in what comes out to be more than a $7 billion deal, is acquiring Maersk Oil & Gas from AP Møller-Maersk. The purchase is being funded by a combination of $4.95 billion in shares and the assumption of $2.5 billion in Maersk debt. Total will issue to AP Møller-Maersk 97.5 million shares in the […]

August 22, 2017 Read More