Tullow Oil has signed a farm-in agreement with Eco (Atlantic) Oil & Gas Limited to acquire its 40 per cent interest in Cooper Block (2012A), situated in the Walvis Basin offshore Namibia
Exploration
Drilling begins in South Africa’s first deep-water well
Total and its partner Canadian Natural Resources International have commenced the drilling operation for South Africa’s first deep-water well in the Western Cape
‘Africa oil and gas industry will continue to grow’, PwC review reveals
The oil and gas industry in Africa continues to show substantial growth with new hydrocarbon provinces developing at a significant pace, according to a review by PricewaterhouseCoopers (PwC)
Nigeria’s oil and gas output ‘to rise 33 per cent by 2030’
Nigeria may see a 33 per cent rise in its oil production from 2.35mn bpd on an average currently to a new high of 3.13mn bpd by 2030, a new report has stated
Eni to explore hydrocarbons in DR Congo’s coastal basin
Eni has signed a deal with DR Congo to explore hydrocarbons in the country’s coastal basin with the aim of expanding its foothold in sub-Saharan Africa’s oil producer