Of the 38 global oil and gas discoveries made in Q3 2019, six were located in Norway followed by Colombia with five discoveries, Egypt and Trinidad with four each, and Guyana and the United Arab Emirates (UAE) with three each, according to GlobalData, a data and analytics company
The East African country is conducting the second licensing round for petroleum exploration, covering five prolific oil blocks in the Albertine Graben, the country’s most prospective sedimentary basin
South Sudan is preparing to restart production in various oil fields, including Block 5A operated by Sudd Petroleum Operating Company (SPOC), which has started corporate social responsibility activities for local communities surrounding Block 5A in the Tharjath field
Rosgeo and the Ministry of Mines and Hydrocarbons of Republic of Equatorial Guinea have agreed to cooperate in airborne geophysical operations, 2D and 3D regional seismic survey in transit and deep water offshore zones
Dubai-based Dragon Oil, a unit of Emirates National Oil Company (ENOC), has acquired BP’s stake in The Gulf of Suez Oil Company (GUPCO Egypt) after obtaining the approval from the Egyptian Ministry of Petroleum and Mineral Resources
