Sahara Group has discovered commercial hydrocarbon in all three onshore oilwells drilled at Oil Prospecting Licence (OPL) 274 in the Edo State block, Nigeria, where the company holds 100 per cent working interest
Exploration
Woodside Petroleum acquires majority stake in Tanzania’s Lake Tanganyika block
Woodside Petroleum has signed a farm-in agreement with Beach Energy to acquire 70 per cent participating interest in the Lake Tanganyika block located in western Tanzania
African Petroleum Corporation and Buried Hill Africa Limited enter farmout deal offshore Côte d’Ivoire
African Petroleum Corporation will farmout 10 per cent of its interest in Block CI-509 offshore Côte d’Ivoire to Buried Hill Africa Limited in return for the latter funding 21.1 per cent of the cost for the next exploration well
Africa surpasses Middle East with high paying jobs in oil and gas
Africa’s energy sector currently accounts for 13 per cent of the highest paying roles for international oil and gas experts — more than the Middle East — according to new research
Statoil sells Angolan block interest to Columbian explorer
Norwegian oil and gas company Statoil has sold its 10 per cent stake in Angola’s Block 39 to Colombia’s Ecopetrol
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