UK-listed Dragon Oil has announced that the Egyptian government has awarded it an oil and gas block offshore the North African country
Exploration
Total to drill offshore South Africa oilwell in 2014
France‘s Total has announced that it will drill an oilwell in Block 11B/12B offshore South Africa next year
Pertamina buys ConocoPhilips’ share in Algerian block
Indonesia’s Pertamina has acquired ConocoPhillips’ Block 405a onshore Algeria for US$1.75bn, making it its first major acquisition overseas
Mozambique to start fifth oil and gas blocks auction in 2014
Mozambique is set to launch its fifth oil and gas bidding round in 2014, which will mostly consist of offshore blocks, a government official announced
Algeria’s undiscovered hydrocarbons ‘amount to six times its present stock’
Algeria has announced that its undiscovered unconventional hydrocarbons, both shale and tight, amount to six times the present level of reserves
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