SouthWest Energy is purchasing from Petronas Carigali Overseas Sdn Bhd (Petronas Carigali), all of its oil and gas interests in Ethiopia. The transaction is expected to be completed during the first quarter of 2011.

Tullow Oil plc (Tullow) announced recently that the Owo-1 exploration sidetrack in the Deepwater Tano licence offshore Ghana has significantly extended the column of high quality light oil discovered by the Owo-1 well.

Statoil's partners in block 15/06 announce an oil discovery in the Cabaça South East-2 well in block 15/06, located offshore Angola.
“I am very pleased with the discovery in block 15/06.

Scandinavian research organisation SINTEF is cooperating with the international energy company Statoil and the technology company Nacre in the development of next-generation hearing protection and communication technology for the offshore industry.

Collaboration, Management and Control Solutions (CMCS) has partnered with Oil & Gas Skills (OGS), a leading training and consultancies company for oil and gas companies based in Egypt, for the development of manpower skills and knowledge of the oil and gas industry across key regions including the Middle East, Europe, Africa and Asia.