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
Exploration
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
Seismic survey underway in offshore Mozambique
In anticipation of future license rounds, seismic imaging specialist Spectrum has announced the commencement of a 2D seismic survey offshore Mozambique, on behalf of the Institute of National Petroleum (INP)
Oil prices rise nearly two per cent on China demand
Oil prices rose almost two per cent on Friday, as Chinese crude demand ruses and threats of a strike in Africa’s largest oil exporter