"We are extremely pleased with the results from this vertical exploration well at Curamhuele and oil discovery in the Lower Agrio shale,” said Kevin Shaw, President and CEO of Madalena Energy.
ERHC Energy Inc. has issued the following update on exploration progress in Kenya Block 11A.
Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand.
The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), one of the largest professional salvage companies in China.