Shell South Africa Upstream B.V. (Shell) has received environmental clearance for exploration drilling in the Orange Basin Deep Water licence area
Exploration
Infosys to acquire Noah Consulting for US$70mn
Infosys has announced an agreement to acquire oil and gas management consulting services provider Noah Consulting for US$70mn
OPEC oil demand to rise higher than expected in 2016
OPEC’s monthly report has stated that likely demand for its oil next year will be much higher than expected
Angola to award 10 exploration contracts by December
Angola’s state-owned oil firm Sonangol has announced that it will award exploration rights to its onshore prospects by December this year
FAR gets farm-in option for Senegal offshore block
FAR Limited (FAR) has entered into a farm-in option agreement with a subsidiary of Trace Atlantic Oil (Trace) for the Djiffere block offshore Senegal