LUKOIL has acquired a 37.5-percent interest from the British company Bowleven Plc in the development project of the Etinde site at Cameroon’s shelf as part of a production-sharing agreement (PSA).
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today as part of the World Economic Forum in Davos (Switzerland).
Official events were held in the Republic of Sierra Leone today on the occasion of the commencement of LUKOIL’s drilling program at Block SL-5-11 on the West African shelf. The ceremony was attended by Ernest Bai Koroma, President of Sierra Leone, Gennady Gatilov, Deputy Minister of Foreign Affairs of Russia, and Andrey Kuzyaev, President of LUKOIL Overseas.
Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea.
LUKOIL has acquired a 65% stake in the exploration, development and production project on block CI-504 offshore the Republic of Cote d'Ivoire in the Gulf of Guinea.
LUKOIL has acquired a 25% stake in the geological exploration, development and production project at the SL-4B-10 offshore block in the waters of the Republic of Sierra Leone in the Gulf of Guinea.
LUKOIL, as part of Venezuela’s National Petroleum Consortium, has started production of the first oil discovered at the Junin-6 field in the basin of the Orinoco river.
LUKOIL, VANCO AND PETROCI MAKE DISCOVERY OFFSHORE COTE D’IVOIRE
ABIDJAN, Cote d’Ivoire – LUKOIL Overseas Cote d’Ivoire Ltd. together with Vanco Cote d’Ivoire Ltd. (Vanco) and PETROCI Holding, announces a discovery in Block CI-401
LUKOIL Overseas has acquired from the private company ORANTO Petroleum Ltd. a 49% stake in the Petroleum Agreement for SL-5-11 Offshore Block in the Republic of Sierra Leone.