Italian oil and gas giant Eni has signed a petroleum agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, which is located in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya
Exploration
African Petroleum announces updates on SL-03 and SL-4A-10 blocks in Sierra Leone
African Petroleum has announced an update on behalf of European Hydrocarbon Limited and African Petroleum Sierra Leone Limited to the prospective oil resources at the 100 per cent owned and operated licence blocks SL-03 and SL-4A-10 in Sierra Leone
TGS and Schlumberger announce 2D seismic project in Egyptian Red Sea
TGS, the global geoscience data provider for oil and gas exploration and production companies, has partnered with Schlumberger for a new 2D seismic project offshore Egypt
World Bank to stop funding oil and gas projects from 2019
The World Bank group has announced that it will cease to finance new upstream oil and gas exploration projects after 2019
Eni finalises sale of 25 per cent interest in Mozambique's Rovuma Basin
Eni has announced it completed today the sale of a 25 percent indirect interest in the natural gas-rich Area 4 of the Rovuma Basin to ExxonMobil Development Africa B.V