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AFRICA

The second life of Sterling Energy

While virtually all juniors are cutting back on their exploration budgets, the British firm, which was once on the ropes, is now snapping up new acreage. Here’s how. [...] (347 words)

Published on 16/06/2015 at 07:01 GMT Reading time 2 minutes

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Energy

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BP
Eskil Jersing
ExxonMobil
Genel Energy
Petrobras
Pura Vida
Shell
Sterling Energy
Tony Hayward
Tullow Oil

Sterling pays off debts, gets new boss

Before heading off to Wentworth Resources, Eskil Jersing, the former [...]

AFRICA Energy 01/11/2016

Michael Kroupeev sweeps the broom at Sterling Energy

The leading stakeholder in the British junior Sterling Energy, Michael Kroupeev and his Waterford Finance & Investment fund, forced the [...]

GABON Energy 20/09/2016

Nkembe block, last throw of the dice for Pura Vida?

With neither revenue nor partners, the Perth-based junior is pinning all of its hopes on its block in Gabon. With no guarantee of success.

MADAGASCAR Energy 10/05/2016

Sterling turns back on Ambilobe

After pulling out of block C-3 in Mauritania in February, [...]

CAMEROON Energy 08/12/2015

SNH feels it called Sterling Energy’s bluff on Ntem block

A map of available blocks for the international market that [...]

AFRICA Energy 24/11/2015

With its assets marking time Sterling looks elsewhere for action

Having recently acquired several permits in Mauritania, Britain’s Sterling Energy [...]

MAURITANIA MOROCCO Energy 27/10/2015

Beardsall shifts from success with Sterling to setback with Gulfsands

Only a few months after his arrival as boss of Gulfsands Petroleum, Alastair Beardsall has hit a big bump in [...]

MADAGASCAR Energy 19/05/2015

Question marks over Exxon's short term strategy

The American major is expected to relinquish one of its offshore licenses but it could also simply quit the country.

MADAGASCAR Energy 14/04/2015

Madagascar Oil commits itself as Exxon keeps biding its time

The Malagasy authorities are poised to endorse the explorer’s heavy-oil development plan while the major drags its feet.

CAMEROON MADAGASCAR Energy 31/03/2015

Eskil Jersing takes over at Sterling

Newly named boss of Sterling Energy, Eskil Jersing, former exploration chief for Marathon Oil, will find himself dealing with two [...]

CAMEROON Energy 03/03/2015

Murphy pulls out of Ntem

Discouraged by the current oil price and disappointed with the [...]

MAURITANIA Energy 17/02/2015

Matthew Bowyer sees big for Sterling Energy

Barely had he been named exploration boss of Britain’s Sterling Energy in December than Matthew Bowyer displayed his interest in [...]

MADAGASCAR Energy 06/01/2015

Exxon plays for time and irritates government Free

The American major is thinking of trying to once again re-negotiate the terms of its working program in Madagascar’s offshore. But that could go down badly with the new government.

CAMEROON Energy 11/02/2014

Sterling throws caution to the winds on Ntem

Exploration is to resume on the Ntem offshore concession which [...]

Spotlight

MADAGASCAR Energy 26/11/2013

Oil and Politics still bed fellows

With the discovery of huge gas reserves in Mozambique (some estimates put them at 180 TCF), oil companies are now turning their attention to Madagascar. However, the political climate on the island just a month before the run-off in the [.

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