Tanzania’s Swala Oil and Gas has announced to buy up to 40 per cent stake in Orca Exploration Group’s PAE PanAfrican Energy Corporation (PAEM) for US$130mn
Exploration
NNPC distributes more than 1.3bn litres of petroleum products
The Nigerian National Petroleum Corporation (NNPC) has sold and distributed about 1.352.86bn litres of white products across the country in October 2017, through its downstream subsidiary, the Petroleum Products Marketing Company (PPMC)
Eni enters into new exploration permits offshore Morocco
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
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