Nigeria’s indigenous energy companies will increase their oil and gas production by 30 per cent in the country in the next five years, according to Atlantic Energy CEOs
Exploration
Caracal Energy discovers oil at Krim field in Chad
Caracal Energy has discovered oil at the Krim field, that was spud in August this year and is located immediately southwest of the Mangara field in Chad
Sonangol wins 40 per cent stake in block offshore Angola
VAALCO Energy has announced that state-owned oil and gas firm Sonangol E&P has been awarded the remaining 40 per cent interest in Block 5 offshore Angola
Bowleven secures three Zambian oil and gas blocks
Africa-focused oil and gas company Bowleven has announced that it has won three exploration blocks onshore Zambia
First Sahara Energy to sign reconnaissance license for Moroccan block
First Sahara Energy has announced that it has been invited to finalise an oil and gas reconnaissance license contract for the Beni Znassen Block by Morocco’s Ministry of Energy and Mines (ONHYM)