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Woodside Petroleum to explore oil offshore Morocco

ORA-offshoreWoodside increased its net profit to a record US$1.21bn in the 2014 financial year. (Image source: Woodside)Australia-based petroleum company Woodside Petroleum has signed a licence deal with Morocco’s National Oil Company to survey an oil block located offshore the North African country

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ExxonMobil eyes two oil blocks off Côte d’Ivoire

XOXOCôte d'Ivoire produces 38,560 bpd, according to data from 2012. (Image source: Exxon Mobil)ExxonMobil has announced that it is in final talks with Côte d’Ivoire to acquire two offshore oil blocks located in the Gulf of Guinea

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Ghana signs offshore oil and gas exploration deal with Eni

Eni-rigGhana produces around 100,000 bpd from its offshore Jubilee field located at OCTP block. (Image source: arbyreed/Flickr)Ghana and Italy’s Eni have signed a US$6bn deal to start oil and gas exploration work at Offshore Cape Three Points (OCTP) Block in the west African country

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Lukoil partners with Chevron to develop Nigerian oilfield

lukoilThe privately-controlled Lukoil has already expanded its operations overseas and it currently has projects in Iraq and West Africa. (Image source: Nuebie/Flickr)Russia’s Lukoil has announced that it has plans to develop an oilfield in Nigeria with the USA explorer Chevron

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Tullow to commence drilling onshore Kenyan basin

TulloowTullow has also started to work on a series of basin opening wildcat wells in Kenya. (Image source: Gaël Michon/Flickr)UK-based oil and gas exploration firm Tullow has announced that it will start drilling for oil in the North Turkana Basin, located onshore Kenya

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