Angola will overtake Nigeria as the region’s top oil producer from around 2016, an International Energy Agency (IEA) report revealed
Exploration
Joint venture partners take FID on offshore Nigerian oilfield
Panoro Energy, along with joint-venture partners, has taken a final investment decision (FID) to develop the Aje Cenomanian oil reservoir in Nigeria’s offshore OML113
Uganda to auction new oil blocks by end of 2014
Uganda has announced that it will auction new oil exploration acreage by December this year
Taipan Resources signs contract for drill rig onshore Kenya
Taipan Resources’ wholly-owned subsidiary Lion Petroleum has entered into a Letter of Intent (LoI) with Greatwall Drilling Company of China to contract GW-190 rig for its planned well in northeast Kenya’s Block 2B
Sonatrach and Gazprom discover oil and gas in Algeria
State-owned Algerian energy firm Sonatrach, along with its Russian partner Gazprom, has made a new oil and gas find in Block 236b of El Assel area in Algeria’s Berkine Basin