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MARKETS

Calima consolidates Comoros interests

CALIMA Energy has announced it has reached a series of agreements that will see it consolidate its interests in three offshore blocks off Africa's east coast, which will in turn be farmed out to UK-based Tullow Oil.

paul hunt
Calima consolidates Comoros interests

  The three licenses, Comoros PSC Blocks 35, 36 and 37, are held by Calima through its 8.5% equity interest in privately owned Bahari Holdings, which has a 40% stake in the three Production Sharing Contracts...

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