A multi-client 3D seismic data agreement has been signed between CGG and Mozambique’s Instituto Nacional de Petroleo (INP), after a tender process held last year by INP
Egypt has signed three new oil and gas exploration deals, worth approximately US$81.4mn, with Royal Dutch Shell and the US-based Apex Oil Company, a move which is aiming to exploiting the oil and gas potential in several regions across the country
With an aim to build and operate a crude oil refinery worth US$4bn, which will eventually process oil from fields, Uganda has chosen a consortium, including General Electric (GE), with Total SA and Tullow Oil Plc being responsible for the project development
Austria-based OMV has divested its 50 per cent stake in the offshore Ashtart oil field, located in the Gulf of Gabes in Tunisia, and another 50 per cent stake in the Tunisian oil and gas company Serept to the Anglo-French petroleum company Perenco
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee’s (JMMC) report has asserted that the oil market is showing positive result towards the goal of rebalancing
