Lukoil to spend up to $600mn drilling 3 West Africa wells

摘要

RUSSIAN OIL MAJOR Lukoil is looking to West African oil fields by investing up to US$900mn in projects in Ghana, Cote d'lvoire and Sierra Leone. Vice-CEO of Lukoii Leonid Fedun says the West African projects could yield up to six billion barrels of oil and gas. The company's foreign gas and oil deposits make up around 10 per cent of its assets and it plans to double this number in the next few years.