Kenyan Oil Ministry has announced that its crude oil reserves will almost double to one billion barrels due to ongoing appraisal drilling
Exploration
Eni discovers oil offshore Angola
Eni has announced the discovery of oil reserves in Block 15/06, located 150 km offshore Angola
Swala Energy Limited to explore hydrocarbons offshore Zambia
Swala Energy Limited’s subsidiary has won rights to explore hydrocarbons in Block 44, located offshore Zambia
Camac receives US$100mn loan to boost Nigerian offshore activities
Oil and gas exploration company Camac Energy has been awarded a five-year US$100mn loan deal from Nigeria’s Zenith Bank to grow its offshore assets in the country
Maersk Oil to farmout offshore Angolan block
Denmark’s Maersk Oil is looking to sell a part of its deepwater Chissonga project stake in Angola