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DNO divests Côte d’Ivoire business to Panoro Energy in $86.5 million deal

 DNO ASA has agreed to sell its Côte d’Ivoire oil and gas business to Panoro Energy ASA for $86.5 million as the Norwegian operator concentrates its portfolio around its expanded North Sea operations.   The transaction covers DNO CI LLC, the company through which DNO holds its interests in Côte d’Ivoire. Total consideration consists of $65.1 million in cash and […]

Clariant expands well service additives distribution across West Africa

Clariant has appointed Gapuma Group as the distributor of its Well Service Additives (WSA) portfolio across Nigeria, Côte d’Ivoire and Ghana, expanding the availability of its specialty oilfield chemicals in key West African upstream markets. Under the agreement, Gapuma will distribute Clariant’s Well Service Additives portfolio through its regional network, including the HOSTADRILL™, HOSTAMER™ and HOSTASTIM™ product families used in […]

Murphy Oil announces discovery offshore Côte d’Ivoire

Murphy Oil Corporation has made an oil discovery at the Bubale-1X exploration well offshore Côte d’Ivoire, the company announced on Monday. The Bubale-1X well was drilled in Block CI-709 approximately 64 kilometres offshore Côte d’Ivoire to a total depth of 6,263 metres under 2,376 metres of water, encountering 30 metres of net oil pay across two […]