Lukoil Archives - Ibe Kachikwu

28th October 2021

Egypt Makes New Oil and Gas Discoveries in the Western Desert

According to Egypt's petroleum ministry, Eni, the Italian oil and gas giant, made three (3) oil and gas discoveries in the country's western area, with the potential for up to...

5th October 2021

Lukoil to Enter Exploration Project in the Caspian Sea- Azerbaijan

Russian LUKOIL said last week that it has signed an agreement with British multinational oil and gas company, bp, to buy a 25% stake in the Shallow Water Absheron Peninsula...

25th August 2021

Lukoil Pledges to Expand its Operations in Nigeria

Nigeria has reached an oil deal with Lukoil Corporation Nigeria Limited, a subsidiary of Russia's largest oil company and operator of the OML 140 Oil Block, to extend operations in...

20th June 2021

Eni and Lukoil have agreed to merge the Meleiha & Meleiha Concessions in Egypt

Eni has reached a deal with the Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC), and Russian oil and gas firm, Lukoil, for the merging of the Meleiha and...

3rd April 2021

Lukoil Withdraws from Purchase of FAR’s Interest in Senegal Project

Australian oil and gas company, FAR Ltd, has announced that Russia's Lukoil will not be making a legally binding takeover offer, which means that Woodside returns as the leading company...

26th December 2020

Eni Discovers Crude Oil in the Western Desert of Egypt

Italian oil and gas giant, Eni, has announced a new crude oil discovery in the Meleiha Concession in the Western Desert of Egypt. The discovery was achieved through the Arcadia...

9th November 2020

Egyptian Cabinet Approves Three New E&P Agreements

According to a statement on the Egyptian Cabinet's Facebook page, the cabinet has approved three draft laws for three exploration and production (E&P) agreements. The approvals were made during an...

28th August 2020

FAR does not Object to Cairn’s interest sale in the Sangomar Oilfield to Lukoil

FAR Limited has announced it will not be exercising its pre-emptive right to the proposed transfer of Cairn Energy's interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore...

25th August 2020

Petrosen Increases Stake in Sangomar Field; Woodside Blocks Cairn’s Sale to Lukoil

Société des Pétroles du Sénégal (PETROSEN) has increased its stake in the the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore joint venture by 8% from 10%. The state hydrocarbon...

4th August 2020

Senegal: Lukoil to Acquire Assets of Cairn Energy Including a Share of Sangomar

Russian multinational company, Lukoil, has reached an agreement with a leading independent oil and gas exploration and development company, Cairn Energy, to purchase the company's assets in Senegal which includes...