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Exploration

FAR confirms oil offshore Senegal

Michael Elleray-rig-offshoreDrilling of the FAN-1 well will end within the next month. (Image source: Michael Elleray)FAR Ltd have discovered oil samples in the FAN-1 exploration well being drilled offshore Senegal by FAR Ltd and its joint business partners Cairn Energy PLC, ConocoPhillips and the Senegalese national oil company Petrosen

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Africa’s oil and gas sector ‘to see growth even after 2016’

offshore1-edibobb-wikimediaNigeria has several offshore oilfields that haven’t been explored yet. (Image source: Edibobb/Wikimedia Commons)Africa's oil and gas business will continue to experience growth after 2016, a report by oilfield service company Baker Hughes announced

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Eland Oil & Gas PLC acquires interest in Nigerian oilfield

OML-NigeriaThe field currently needs an investment of US$125mn. (Image source: Clinton Steeds/Flickr)Eland Oil & Gas PLC has announced the acquisition of a 40 per cent stake in the Ubima oilfield in Nigeria

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Marathon Oil signs EPSC to explore offshore Gabonese block

offshore-gabonThe Tchicuate Block is located approximately 80.4km offshore the coast of Gabon. (Image source: Hakonthingstad/Flickr)Marathon Oil has signed an exploration and production sharing contract (EPSC) with the government for Gabon’s offshore Block G13, which has been renamed Tchicuate Block

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Liberia invites bids for four offshore petroleum blocks

petrorig-StevenStraiton-flickrRecent petroleum discoveries have shown that there is potential for exploration in the Liberia Basin. (Image source: Steven Straiton/Flickr) The National Oil Company of Liberia (NOCAL) and the Liberian government have announced the auction of four offshore petroleum blocks in the latest Liberia Basin Bid Round

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