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OIL eyes Shell oil and gas assets in Nigeria

oil nigeria-johnhill wikimedia commonsThe deal may be worth US$2bn, company sources said. (Image source: John Hill/Wikimedia Commons)Oil India Limited (OIL) is looking at buying Shell stakes onshore Nigerian oil and gas assets

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Seychelles gives nod to Ophir Energy’s farm-in deal with WHL Energy

offshore seychelles-hakonthingstad flickrThe winning 3D seismic contract bidder for an initial seismic survey under the new joint venture is expected to be announced within the next few weeks. (Image source: Hakonthingstad/Flickr)Seychelles has approved of Ophir Energy’s farm-in agreement with WHL Energy for its 75 per cent interest in an offshore oil block

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Angola to bid 10 onshore oil blocks in May 2014

oil angola-nestor galina flickrAngola reportedly produced 1.73 million barrels of oil per day on an average in 2013. (Image source": Nestor Galina/Flickr)Angola has announced that it will begin tendering process in May this year for 10 new onshore oil blocks located in the Congo Basin and Kwanza Basin

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GNPC in talks with Shell over oil exploration in East Keta basin

oil rig kris krug flickrAfter production Ghana's GDP climbed 11.8 per cent. (Image source: Kris Krug/Flickr)Ghana National Petroleum Corporation (GNPC) is reportedly in talks with Royal Dutch Shell over an exploration and production deal offshore East Keta Basin

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Taipan Resources acquires 15 per cent interest in Kenyan block

Onshore rig anankkmlTaipan Resources will acquire a 15 per cent participating interest in Block 2B onshore Kenya. (Image source: anankkml)Taipan Resources has entered an agreement with Tower Resources (Kenya) Limited, a subsidiary of AIM-listed Tower Resources plc, which outlines it will acquire a 15 per cent participating interest in Block 2B onshore Kenya

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