Lukoil to buy stake in offshore Sierra Leone project from Talisman

OAO Lukoil Holdings has acquired a 25% interest in an offshore project in the Gulf of Guinea offshore Sierra Leone from Talisman Energy Inc., the project operator, Lukoil said. Terms of the transaction were not disclosed.

Prospecting and exploratory drilling currently is under way. Partners in the SL-4B-10 block are Malaysia's Petronas with 25% interest and Prontinal Ltd. with 20% interest, Lukoil said.

The block, which covers 2,200 sq km in 100-3,000 m of water, borders on SL-05-11 exploration and development block that Lukoil operates.

Related Articles

Sinopec reveals Fuling field production capacity goals

03/25/2014 Sinopec plans to develop Fuling shale gas field in southwestern China to a production capacity of 10 billion cu m (bcm)/year by 2017, the company s...

Santos brings Peluang gas development on stream

03/24/2014

Santos Ltd., Adelaide, has started natural gas production from its Peluang development offshore the Indonesian island of Java.

Baker Hughes: US drilling rig count drops to 1,803

03/21/2014 After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hug...

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected