Murphy Cameroon Ntem Oil Company has begun drilling operations on the Bamboo-1 well, offshore Cameroon, using the fifth-generation semi-submersible drilling rig Ocean Confidence
Exploration
San Leon Energy signs MoU with Chevron Lummus Global to produce oil in Morocco
Ireland-based oil and gas exploration company San Leon Energy Plc has signed a memorandum of understanding (MoU) with Chevron Lummus Global LLC to provide upgrading technology for the Timahdit shale oil license
Total renews offshore Morocco licences
French company Total has renewed its exploration licences in the Western Sahara territory
Uganda signs agreement with three companies to produce oil
Uganda has struck a deal with three oil majors, Britains Tullow, Chinese National Oil Offshore Company (CNOOC) and France’s Total, for commercial production
Spending for deepwater to see global increase in five years
Deepwater expenditure is expected to go up by 130 per cent, totalling US$260bn from 2014 to 2018, according to a recent report released by Douglas-Westwood