The Egyptian Cabinet has approved seven new oil and gas exploration agreements, that is expected to bring an investment of atleast US$1.2bn
Exploration
Chariot Oil & Gas starts 2D seismic survey offshore Namibia
Chariot Oil & Gas has announced that it has commenced a 2D seismic survey in Block 2714B offshore Namibia
Ophir Energy signs farm-out deal with OMV for offshore blocks in Gabon
Ophir Energy has entered into a farm-out agreement with Austria’s OMV for its four deepwater offshore blocks in Gabon
Tullow Oil determines oil accumulation offshore Côte d’Ivoire licence
Tullow Oil has announced that Paon-2A appraisal well in CI-103 Licence offshore Côte d’Ivoire has determined the extent of oil accumulation in the area
Niger to ‘start exporting crude oil in 2016’
The President of Niger Mahamadou Issoufou has announced that the country will start exporting crude oil to international markets from 2016