SacOil has announced it has been allowed an eight month extension of the current licence term of onshore licence, Block 1 – situated in the northern part of Malawi
SacOil granted 8 month licence extension for Malawi oil block
Exploration
Actemium wins BP Angola’s FPSO contract
Actemium has announced a new multi-million dollar contract with BP Angola for maintenance of two floating production storage and offloading units (FPSOs) offshore Angola
Oil price prediction from Africa Independents Forum
By the end of June 2016, oil prices could be up to US$57 a barrel and US$73 by 31 December 2016
SDX Energy announces positive well development results
SDX energy, an international oil and gas development and production company, has confirmed oil-bearing reservoirs in its Al-Amir SE 24 well in North West Gemsa
SAIT Polytechnic to train Equatorial Guinea nationals
The Ministry of Mines, Industry and Energy of Equatorial Guinea has signed an agreement with the Southern Alberta Institute of Technology (SAIT Polytechnic) to provide comprehensive technical training to Equatorial Guinea nationals in Canada
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