Eni has made a light oil discovery in Block 15/06, in Angola’s deep offshore that was drilled on the Ndungu exploration prospect
Exploration
Uganda unveils five oil blocks available for licensing
Five new blocks were put up for the second licensing round in Uganda’s Albertine Graben
Mazarine Energy and ETAP discover oil in SMG-1 in North Africa
Mazarine Energy Tunisia BV and partner Entreprise Tunisienne d’Activités Pétrolières (ETAP) have discovered oil-bearing reservoir in exploration well Sidi Marzoug-1 (SMG-1) in the 4012 sq km Zaafrane permit in Central Tunisia
Rystad Energy ranks cheapest sources of supply in the oil industry
Rystad Energy has ranked the cheapest sources of supply in the oil industry, with North American tight oil emerging as the second cheapest source of new oil volumes globally, according to Rystad Energy’s cost of supply curve update
‘Petroleum deal between South Sudan, South Africa is a boost to oil industry’
The signing of new exploration and production sharing agreement (EPSA) between South Sudan and South Africa’s Strategic Fuel Fund (SFF) is a boost to the oil sector and promotes peace and stability within the country, according to the African Energy Chamber (AEC)