RWE Dea has announced that it has signed an agreement with the Eqyptian government and Dove Energy for the offshore East Ras Budran concession
Exploration
Tanzanian licence ‘holding 12.5 million to 110.5 million barrels of oil’
Swala Energy and Otto Energy have announced that an oil prospect in the Kilosa-Kilombero Licence is estimated to hold between 12.5mn and 110.5mn barrels of oil onshore Tanzania
Circle Oil awarded Grombalia permit in Tunisia
Ireland’s Circle Oil has announced that it has won the onshore Grombalia permit located in Tunisia’s Cap Bon Peninsula
Black Rhino plans US$3 billion oil refinery in South Sudan
US-based infrastructure development company Black Rhino Group has announced plans to build a US$3bn oil refinery in South Sudan, as African youngest nation seeks to become self-sufficient in the petroleum industry
Sonangol secures oil exploration rights in five onshore blocks in Angola
State-owned Sonangol has secured exploration rights in five onshore oil blocks in Angola, which could be tendered for development in the future
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