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Exploration

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Exploration

CAMEROON WILL SOON will soon begin licensing companies to explore for oil in the Atlantic coastal Bakassi peninsula and nearby Mamfe basin, a senior official in Cameroons state-run National Hydrocarbons Corp., or SNH, has said.

p>CAMEROON WILL SOON will soon begin licensing companies to explore for oil in the Atlantic coastal Bakassi peninsula and nearby Mamfe basin, a senior official in Cameroons state-run National Hydrocarbons Corp., or SNH, has said.

SONATRACH HAS UNVEILED two more oil and gas finds, bringing the number of hydrocarbon discoveries made by the company this year to five.

p>SONATRACH HAS UNVEILED two more oil and gas finds, bringing the number of hydrocarbon discoveries made by the company this year to five.

ANADARKO PETROLEUM CORP, the US natural gas producer with a share in Ghanas Jubilee project, expects to make more finds off Africas coast.

p>ANADARKO PETROLEUM CORP, the US natural gas producer with a share in Ghanas Jubilee project, expects to make more finds off Africas coast.

VITOL HOLDING BV has won the right to buy a partially built storage terminal in Kenya, the company has said.

p>VITOL HOLDING BV has won the right to buy a partially built storage terminal in Kenya, the company has said.

INDIAS ESSAR GROUP plans to acquire a majority stake in Zambias state-owned Indeni Refinery, which has a capacity to refine around 1mn tonnes per annum (mtpa) of crude.
South Africas Sasol Ltd is among the companies vying for the same stake.

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