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Exploration

Oil services company Gulf Marine Services (GMS) has announced that it has plans to spend around US$400mn by 2016 and expand into West Africa next year to tap strong demand for its vessels

The Kenyan government has granted a one-year extension to the current initial exploration period of the L10B offshore license in the East African country

Transnational Corporation of Nigeria (TRANSCORP) has signed a production sharing contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) for oil block OPL281

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