HEADLINES Oil and Gas daily news On Africa

Pride South Pacific Rig Awarded New Contract in Angola

Canoel International Energy Expands its Interests in Tunisia

OMV Renews Oil Contracts in Libya

Africa Oil Shows Progress With its Seismic Program in Somalia

Scaroni: Damaged Pipeline in Nigeria Will Be Fixed Within Days

BW Offshore Wins $100m Deepwater Contract in Angola

Aminex Reports Nyuni/East Songo Exploration Update

Bowleven Issues Drilling Update For Block MLHP-7 in Cameroon

ENI's Pipeline Damaged by Explosion in Nigeria

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  AFRICAN OPEC MEMBERS PRODUCTION mb/d--Last Updated on Jul.21-2008

2006

2007

4Q07

1Q08

2Q08

Apr 08

May 08

Jun 08

Jun/May

Algeria

1.37

1.36

1.39

1.40

1.41

1.41

1.41

1.41

   0.00

Angola

1.39

1.66

1.78

1.86

1.90

1.88

1.91

1.90

  -0.01

Libya

1.70

1.71

1.74

1.75

1.73

1.74

1.72

1.72

   0.00

Nigeria

2.23

2.13

2.16

2.06

1.86

1.82

1.87

1.87

   0.00

Pride South Pacific Rig Awarded New Contract in Angola

Pride International, Inc. has announced that its deepwater semisubmersible rig, the pride South Pacific, has been awarded a two-well, estimated 90-day contract by an international oil and gas exploration and production company for drilling operations offshore Angola. The contract is expected to commence during early July 2009, following the completion of an existing contract commitment offshore Angola and mobilization to the new location. The contract also provides for two one-well options that if exercised, would extend the firm period of the contract by an estimated 75 days...more...

Africa Oil Shows Progress With its Seismic Program in Somalia

Africa Oil Corp. announced that seismic recording in the Dharoor Valley of Puntland, Somalia commenced on July 9, 2008. The Company plans to acquire approximately 2,600 kilometers of 2D vibroseis data on the Dharoor Block before drilling 2 wells in each of its two Puntland concessions. In the Nogal Basin, Africa Oil has acquired all of the more than 4,000 kilometers of good quality 2D data which was recorded in the late 1980s...more...

Scaroni: Damaged Pipeline in Nigeria Will Be Fixed Within Days

Chief Executive Officer of Eni, Paolo Scaroni said today that his company will restore the lost crude production from Bayelsa state in Nigeria within days. Eni's pipeline was damaged by two explosions last week. The pipeline was damaged in two points on July 16, Scaroni said speaking at a conference in Rome. The company suspended exports of 47,000 barrels a day from the site and Eni's portion of the affected output is 8,000 barrels daily, Eni said on July 17...more...