Indian oil and gas major Bharat Petroleum Corporation Limited (BPCL) will invest US$2.1bn in the exploration and production of energy resources in Mozambique over the next four years
Exploration
Eni awarded three exploration blocks in Egyptian bid rounds
Eni has won three new exploration licenses in Egypt following the 2013 Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) bid rounds in the North African country
Nigerian and Canadian firms sign oil contract with Sudan
Nigeria-based Express Petroleum and Gas Company Limited and State Oil Company Canada Limited have signed an oil exploration and production contract with Sudan
Kenyan oil reserves to ‘reach one billion barrels’
Kenyan Oil Ministry has announced that its crude oil reserves will almost double to one billion barrels due to ongoing appraisal drilling
Eni discovers oil offshore Angola
Eni has announced the discovery of oil reserves in Block 15/06, located 150 km offshore Angola