ERHC Energy (ERHC) has signed an agreement to transfer all its rights to Block 11 of the São Tomé and Principe Exclusive Economic Zone (EEZ) to Kosmos Energy (Kosmos)
Exploration
Ocean Rig Athena in Senegal to drill appraisal wells
The Ocean Rig Athena drill ship has reached Senegal from Angola, for the appraisal and exploration drilling programme in highly prospective blocks offshore Senegal
Shell gets clearance to drill offshore South Africa
Shell South Africa Upstream B.V. (Shell) has received environmental clearance for exploration drilling in the Orange Basin Deep Water licence area
Infosys to acquire Noah Consulting for US$70mn
Infosys has announced an agreement to acquire oil and gas management consulting services provider Noah Consulting for US$70mn
OPEC oil demand to rise higher than expected in 2016
OPEC’s monthly report has stated that likely demand for its oil next year will be much higher than expected