WorldOil Lukoil acquires deepwater Senegal interest from Cairn Energy The 2,212 sq. km blocks are located on the deepwater shelf of the Republic of Senegal, and include the Sangomar and FAN fields .According to the Lukoil's estimates, the recoverable hydrocarbon reserves of the Sangomar field total approximately 500 MMboe. Oceaneering wins inspection services scope in Angola from CABGOC Oceaneering International’s Asset Integrity group has secured a three-year contract with Cabinda Gulf Oil Company Limited (CABGOC), a Chevron subsidiary. Oceaneering will provide inspection services onshore Cabinda, Angola, and offshore Angola on Blocks 0 and 14. The contract is scheduled to begin in Q2 2020. Saudi prince phones Nigeria to bring them in line with OPEC+ cuts Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolstering global crude markets. Sparrows Group starts up new Luanda, Angola facility The move provides the company with a new workshop, storage yard, training facilities, and office to deliver its International Organization for Standardization (ISO) certified services in-country. This includes a broad range of turnkey engineering, equipment maintenance and training services. Nigeria commits to new OPEC+ targets after earlier non-compliance Nigeria said it reaffirms its commitment to the OPEC+ deal struck on Saturday and “subscribes to the concept of compensation” from members pumping above their quota. Aker Energy commits to making the Pecan field offshore Ghana a success Aker Energy Ghana Limited reaffirmed its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. Repeat offenders ding full compliance on OPEC+ output cuts OPEC’s delivery of its latest oil-production cutbacks, while strong overall, was undermined by its habitual laggards. Ghana reconsiders oil’s role in its economy as prices fall The global slump in crude prices is giving Ghana a chance to rethink its dependence on a sector that was its key driver of economic growth in recent years. UK dismisses Nigeria’s $1 billion bribery lawsuit against Shell, Eni The ruling is a victory for the oil companies, which have been clouded by accusations in a years-old dispute over exploration rights to a tract in the Gulf of Guinea called Oil Prospecting License 245 that has spread to courtrooms throughout Europe. Total walks on deal for Oxy’s oil assets in Ghana and Algeria The disposal of the projects in Algeria and Ghana was supposed to raise about $5 billion for Occidental, which is on the hook for larger debt repayments beginning next year resulting from its Anadarko acquisition.