Eland Oil & Gas PLC has announced the acquisition of a 40 per cent stake in the Ubima oilfield in Nigeria
Exploration
Marathon Oil signs EPSC to explore offshore Gabonese block
Marathon Oil has signed an exploration and production sharing contract (EPSC) with the government for Gabon’s offshore Block G13, which has been renamed Tchicuate Block
Liberia invites bids for four offshore petroleum blocks
The National Oil Company of Liberia (NOCAL) and the Liberian government have announced the auction of four offshore petroleum blocks in the latest Liberia Basin Bid Round
Woodside Petroleum and Noble Energy sign deal to explore offshore Gabon
Australias Woodside Petroleum and the USAs Noble Energy have signed an agreement to explore a deepwater prospect off the coast of Gabon
DR Congo’s offshore blocks ‘hold three million barrels of oil in place’
Oil of DRCongo, subsidiary of Fleurette Group, has announced that 3D seismic surveys over Blocks I and II in Lake Alberta have been completed and results indicate a reserve three billion barrels of oil in place