Niger and Savannah Petroleum have signed a production sharing contract (PSC) that will see the UK firm invest US$90mn in an oil project in the West African country next year
Exploration
Worthington strengthens African ties with US$20mn oil and gas investment
Worthington Group will invest US$19.9mn in CPS Energy Resources PLC, an oil and gas exploration company operating in Africa, will join forces with African oil and gas exploration company Oando
Ophir Energy announces gas discovery in Tanzania
Oil and gas exploration company Ophir Energy has announced the Kamba-1 discovery and further details on its drilling programme in Tanzania
Algeria awards four of 31 blocks to international firms
Algeria has awarded four of 31 oil and gas field blocks to foreign consortiums in a move to help offset its stagnate production
Rift Energy seeks partner for Kenyan onshore block
Rift Energy has announced that it is looking to farm-out a portion of its interest in Kenya’s Block L19
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