Eco (Atlantic) Oil & Gas Ltd, South America and Africa-focused oil and gas exploration company, has been granted a one-year extension to 20 March 2019, for the first renewal period of the PEL50 licence covering its offshore Tamar Block in Walvis Oil Basin in North Central Namibia
Exploration
Eni announces offshore Angola oil discovery
Eni, a front-runner of Africa’s oil and gas sector, has announced a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore
SDX announces spud of SRM-3 oil well in North Africa
SDX Energy Inc, the North Africa-focused oil and gas firm, has announced to spud its SRM-3 appraisal well at South Ramadan, Egypt, where SDX has a 12.75 per cent working interest
Tullow Oil to drill Cormorant-1, offshore Namibia
Pancontinental Oil & Gas has announced that the PEL 37 joint venture is on schedule for the upcoming drilling of the highly anticipated Cormorant-1 well, offshore Namibia
Dana Gas receives payment from Egyptian government
Dana Gas, which has been operating in the Egyptian market since 2007, has received US$40mn from the Egyptian government towards paying down its receivables