Uganda has announced that it will spend US$15bn to US$22bn in the coming years for the development of oilfields and related infrastructure in the country
Exploration
Apache makes oil and gas discovery in Egypt’s Western Desert again
Apache has announced that it has discovered oil and gas in two new concessions in Egypt’s Western Desert
Frontier Resources hits oil onshore Namibia
Frontier Resources has announced that it has struck oil in Blocks 1717 and 1817, located in the Owambo Basin onshore Namibia
Simba Energy to farm-out onshore Guinea blocks
Simba Energy has signed an exclusive Letter of Intent (LoI) with a Canadian investment firm to farm-out its production sharing contract (PSC) for Blocks 1 & 2 onshore Guinea
Uganda and Tullow Oil to sign MoU on crude production
Uganda has announced that it will sign a Memorandum of Understanding (MoU) with Tullow Oil for the production of crude oil
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