US-based Murphy Oil Corporation and Austria’s OMV will search for oil and gas off Namibia’s coast
Exploration
Marathon Oil signs agreement to explore Ethiopian Rift Basin
US-based oil and gas company Marathon Oil has signed a farmout agreement with Africa Oil to explore assets in the Ethiopian Rift Basin
Oryx Petroleum hits oil and gas offshore Congo (Brazzaville)
Oryx Petroleum has announced that its exploration well, targeting the Elephant Prospect in the Haute Mer A Licence area in Congo (Brazzaville), has confirmed the presence of natural gas and crude
Morocco’s Foum Assaka well to spud in March this year
Kosmos Energy has confirmed that the FA-1 well, located in the Foum Assaka license area offshore Morocco, will spud in March 2014
East Africa to ‘become oil and gas hub by end of this decade’
East Africa could become the world’s next oil and gas export hub by 2020, according to a new report
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