OPEC records highest production levels since 2012
A survey by Platts has revealed OPEC’s oil production for March was the highest it has been since 2012
E&P
Equatorial Guinea ratifies offshore production agreement with ExxonMobil
Equatorial Guinea has announced the approval of production sharing contract (PSC) for offshore Block EG-06
ION Geophysical expands seismic data library offshore Namibia
US-based ION Geophysical has completed seismic acquisition stage of its NamibiaSPAN programme that extends the full length offshore Namibia’s continental margin
Shell sells stake in Nigeria’s OML 18 for US$737mn
Oil major Shell has sold its 30 per cent interest in Nigeria’s oil mining lease (OML) 18 to Eroton Exploration & Production Company for US$737mn
African Petroleum grants extension for Liberian licence
African Petroleum has agreed for an additional extension of a non-binding term sheet until 20 June 2015 with a UK-based exploration and production firm operating LB-08 Licence offshore Liberia
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