The Ministry of Petroleum of Niger has decided to grant Blocks R5, R6, Dibella and Dallol to Oranto under the terms outlined in the country’s petroleum code and as determined by the Ministry of Petroleum
Exploration
RAKGas signs oil exploration agreement with Zanzibar
RAKGas, through its international subsidiary RAKGas Zanzibar Limited, has signed an oil and gas production sharing agreement with the government of Zanzibar, the first of its kind agreement Zanzibar has signed following its implementation of the oil and gas (Upstream) act of 2016
Shoreline Group and Entrepose DBN Nigeria partner for oil and gas projects
Entrepose Group has formed a strategic partnership with Shoreline Group through the sale of 51 per cent of the company’ share capital, aiming to accelerate the development of its local subsidiary Entrepose DBN and its reach throughout the Nigerian oil and gas sectors
African Petroleum corporate update - Senegal
African Petroleum said in a statement that the recent update issued by Petrosen states that it is seeking tenders for two offshore blocks in Senegal, including the Senegal Offshore Sud Profond (“SOSP”) block in which African Petroleum holds a 90 per cent operated working interest
Eni, BP and NOC sign agreement to resume Libyan oil exploration
The agreement will see Eni acquire a 42.5 per cent stake and become operator of three of BP’s Libyan oil exploration areas in order to restart exploration activities and to fast track exploration outcomes to production