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
Exploration
RoyalGate Energy to drill offshore Equatorial Guinea
RoyalGate Energy has announced that it will drill the Tulip Upper Isongo discovery and Tulip Massive Isongo prospect in Equatorial Guinea
Nigeria’s NNPC secures US$1.2bn funding for drilling
The Nigerian National Petroleum Corporation (NNPC) has secured a US$1.2bn multi-year drilling financing package
Uganda planning to open up more oil basins
Uganda’s Ministry of Energy and Mineral Development (MEMD) plans to open up at least one more oil basin in the country
Kenya to auction petroleum exploration licences in 2017
Kenya is planning to hold its first-ever auction of petroleum exploration licences in 2017