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Exploration

Africa Oil and Tullow Oil seek partner for Kenyan oilfields

africa-oilAfrica Oil plans to spend some US$1.6bn this year and next in exploration activity on its blocks in Kenya, Uganda and Rwanda. (Image source: Nestor Galina/Flickr)Africa Oil and its partner Tullow Oil are looking for a third partner to develop their oil discoveries in Kenya

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BP plans US$15 billion investment in Angola’s new oilfields

bpAngola plans to produce 1.63mn bpd by the end of 2014, according to the country’s oil minister. (Image source: futureatlas/Flickr)British explorer BP has announced that it will invest US$15bn to explore and develop new oilfields in Angola

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Harvest Natural Resources signs DOC for Gabonese oil block

offshore-gabonThe area awarded covers 850.5 sq km. (Image source: Hakonthingstad/Flickr)Harvest Natural Resources has announced that it has signed a declaration of commerciality (DOC) with Gabon for the offshore Dussafu Block

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Tullow Oil to gain 40 per cent interest in Namibia’s offshore block

offshore-namibiaEco (Atlantic) Oil & Gas Limited currently holds a 70 per cent working interest in the Cooper Block. (Image source: Icethorn/Wikimedia Commons)Tullow Oil has signed a farm-in agreement with Eco (Atlantic) Oil & Gas Limited to acquire its 40 per cent interest in Cooper Block (2012A), situated in the Walvis Basin offshore Namibia

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Drilling begins in South Africa’s first deep-water well

oil-southafricaTotal said that the drilling operation gives fresh impetus to South Africa’s nascent upstream oil and gas industry. (Image source: Damian Gadal/Flickr)Total and its partner Canadian Natural Resources International have commenced the drilling operation for South Africa’s first deep-water well in the Western Cape

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