Namibia, an emerging hotspot in the African oil industry, received a boost this week the the renewal of Petroleum Exploration License 37 (PEL 37) and the signing of a new rig contract
PEL 37 joint venture for Namibian oil renewed
Exploration
Anglo African Oil & Gas wins Tilapia oil field licence in Congo
Anglo African Oil & Gas PLC has received a new licence that covers the Tilapia oil field in the Lower Congo basin
Sonatrach strengthens ties with BP, Statoil in Algeria
Algeria’s state-run oil and gas company Sonatrach has signed a memorandum of understanding with Norway’s Statoil and BP Exploration (El Djazair) Limited, aiming to boost up upstream exploration activities in Algeria
Petronas discovers deepwater oil and gas offshore Gabon
PC Gabon Upstream S.A. (PCGUSA), the subsidiary of the state-run oil company in Malaysia Petronas, has discovered new oil and gas from Boudji-1 exploration well in Block F14 (Likuale), which is located in South Gabon
ExxonMobil the latest big name to invest in Ghana deepwater oil and gas
ExxonMobil is the newest entrant in the Ghanaian oil and gas industry with its interest in the Deepwater Cape Three Points block
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