Shell’s divestment plan in Nigeria may take longer than expected, with an election in February likely to complicate the sales process and cause delay of upto a year
Exploration
Cobalt and partners announce oil find offshore Angola
US firm Cobalt International Energy and its partners announced that they have discovered significant quantities of oil offshore Angola in the Kwanza basin
OMV expands portfolio in Madagascar with new onshore deal
OMV has signed a farm-in agreement with Tullow, an exploration-led firm that has been successful in finding and developing new resources onshore and offshore Africa, according to the company
SOCO International starts seismic tests offshore DR Congo
SOCO International has begun seismic tests at Lake Edward in DR Congos Block 5 using environmentally-sensitive techniques
Repsol spuds oilwell offshore Namibia
Repsol has announced the spudding of its Namibian oilwell, located in Petroleum Exploration Licence (PEL) area 0010
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