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
Exploration
‘Banks aided most of oil and gas asset acquisitions in Nigeria since 2010’
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
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
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