CGG has commenced a major aerial survey of offshore sites in South Africa
CGG undertakes major aerial survey of offshore South Africa
Exploration
IMF to support Africa’s oil exporters
The International Monetary Fund said it will support sub-Saharan Africa’s oil exporters to survive at a time of falling crude prices and growing fiscal pressures as Nigeria and Angola turn to the World Bank for financial assistance
Africa Oil receives US$427mn from Maersk Oil
Tullow Oil partner Africa Oil Corporation has sold half of its stake in three exploration blocks situated in the Lokichar basin for US$427mn to Maersk Oil & Gas of Denmark
Sudan provides OVL three more oil and gas blocks for exploration
The Sudanese government has provided Indian-based ONGC Videsh (OVL) three more oil and gas blocks for exploration and production
Chevron to sell 75 per cent of South African business
US-based Chevron has announced plans that it may sell 75 per cent of its South African business
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