Eco drops JHI deal over lock-up differences
Eco Atlantic Oil & Gas has dropped its plans to acquire JHI Associates, which has a 17.5% stake in a Guyana block.
Gil Holzman
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Petrofac takes over from Maersk at Tullow decom work
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Eco Atlantic strikes another deal, targeting Guyana’s JHI
Eco Atlantic Oil & Gas has struck another deal, agreeing to issue shares to buy its partner in Guyana, JHI Associates.
Eco completes Azinam purchase, eyes Q3 drilling
Eco Atlantic Oil & Gas has completed its acquisition of Azinam Group, setting the stage for drilling offshore South Africa late this year.
Eco firms up Azinam deal amid Graff fervour
Eco Atlantic Oil & Gas has signed a definitive agreement to acquire Azinam Group, focused on the emerging areas off South Africa and Namibia.
Eco makes move on Azinam as first step to exploration independent
Eco (Atlantic) Oil & Gas is buying South Africa and Namibia-focused Azinam, with CEO Gil Holzman talking of building a major exploration focused independent.
Exxon spuds well on Guyana’s Canje Block
ExxonMobil has spudded the Sapote-1 well on Guyana’s offshore Canje Block.
Solar PV better option than oil, Eco Atlantic says
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.