Taipan Resources Inc, through its Kenya-based subsidiary Lion Petroleum, stated that the GW-190 rig has spud the Badada-1 well in Block 2B onshore Kenya
Exploration
Eni begins production offshore Congo-Brazzaville block
Italian explorer Eni has started production from Nené Marine field, situated offshore Congo-Brazzaville, eight months after obtaining the production permit and 16 months following discovery
Africa a prospective market for India’s energy demands
India’s state-run companies are looking to acquire stakes in oil and gas blocks in Africa, form joint ventures in the continent and supply all-natural gas to meet increasing fuel demand in the country, according to the Asian nation
Eco (Atlantic) Oil & Gas to acquire Pan African Oil in Namibia
Canada-based oil and gas exploration company Eco (Atlantic) Oil and Gas has decided to acquire Pan African Oil in order to solidify its position as an explorer offshore Namibia
China to finance Sonangol projects in Angola
Angola’s state-owned explorer Sonangol will receive US$2bn from China to expand oil and gas projects in the southern African country