The Republic of Guinea will launch a bidding round for up to 25 offshore oil blocks this year to attract more investments, the country’s minerals minister has announced
Exploration
Seplat buys stakes onshore and offshore Nigerian blocks
Nigerian indigenous oil and gas company Seplat has announced that it has completed the acquisition of a 40 per cent working interest in OML 53 and a 22.5 per cent working interest in OML 55 in the West African country
Kosmos Energy signs farm-out agreement for three offshore Mauritania contract areas
Kosmos Energy has entered into a farm-out agreement with Chevron Mauritania Exploration, a wholly-owned subsidiary of Chevron, covering the C8, C12 and C13 contract areas offshore Mauritania
Global Petroleum Limited gets extension on Namibian licence
Global Petroleum Limited has been granted a 12-month extension on the Initial Exploration Period for its Petroleum Exploration Licence 29, situated in Namibia’s Walvis Basin, which is now be valid until December 2015
Serbian company signs PSC with Senegal for two onshore blocks
Serbia’s Tender Oil & Gas Casamance SARL (TOG) has signed a production sharing contract (PSC) with Senegal’s Ministry of Energy and its national oil company Petrosen for two onshore blocks in the West African country