A new report by Ecobank has revealed that Nigerian banks have financed over 80 per cent of oil and gas asset acquisitions that were concluded in the last five years in Nigeria
Exploration
Sterling Energy wins extension approval in Madagascar
Sterling Energy has announced that it has secured approval to extend the existing phase of Ambilobe and Ampasindava blocks, offshore Madagascar, to July 2016
Total to continue oil and gas projects in Africa
France-based oil firm Total has assured the sustenance of its major oil and gas operations within Africa amidst the fall in crude oil prices since June 2014
Vaalco Energy finds oil offshore Gabon
US-based exploration firm Vaalco Energy has discovered oil at its Etame 10-H well located on the Etame Marin Block, offshore Gabon
East Africa to witness more auctions of exploration blocks in 2015
Amid growing pressure for transparency and accountability, East Africa is going through a wave of change in the management of exploration and production rights of its newly struck oil and gas resources
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