bp-Eni joint venture Azule Energy and private exploration company Rhino Resources Namibia have executed a farm-in agreement in regards to the highly prospective Orange Basin offshore Namibia
Exploration
Sound Energy receives ONHYM approval on extension of Anoual exploration permits
Morocco's L'Office National des Hydrocarbures et des Mines (ONHYM) has approved Sound Energy's entry into the optional Complementary Period under the exploration permits at Anoual that cover 8,873 sq km in eastern Morocco
Afentra receives government approval on Azule acquisition
The Government of Angola has approved Afentra's acquisition of a 12% non-operating interest in Block 3/05 and a 16% non-operating interest in Block 3/05A from Azule Energy Angola Production B.V.
Chevron enters PEL 82 offshore Namibia
In a major agreement, Chevron Namibia Exploration Limited has now entered Petroleum Exploration License 82 (PEL 82) with an 80% working interest and operatorship