Canadian Overseas Petroleum Limited (COPL) has entered a joint venture partnership with Shoreline Energy International Limited to diversify exploration prospects across sub-Saharan Africa
Exploration
Algeria’s Sonatrach discovers three oil fields in 2015
State-owned Algerian oil company Sonatrach has discovered one new gas and two new oil fields since the start of 2015, it was revealed last week
Eni signs two energy deals with Congo-Brazzaville
Italian oil and gas company Eni has signed two new agreements with Congo-Brazzaville in a bid to boost the energy development and local growth of the country
OPEC considering emergency meeting
Nigerian oil minister Diezani Alison-Madueke has hinted at discontent amongst OPEC’s African members this week, and suggested that there have been discussions about holding an emergency meeting if prices continue to fall
Uganda to award new oil exploration licences in eight years
Uganda has launched oil exploration licensing round for six blocks in Lake Albertine Graben Rift Basin, thereby lifting a moratorium that had been in place since 2007