Sudan’s oil minister has announced that the government plans to auction five petroleum blocks in December as part of government plans to increase oil exploration within the countrys borders
Exploration
Sterling Energy increases its stake to 25 per cent onshore Somaliland block
Independent oil and gas firm Sterling Energy has increased its stake to 25 per cent in a production sharing contract (PSC) for the Odewayne Block in Somaliland
ExxonMobil to resume exploration offshore Madagascar
ExxonMobil has said it will resume exploration offshore Madagascar after its affiliates obtained extensions for three oil and gas licences
Total and Anadarko to spend US$300 million on Côte d’Ivoire exploration
Total and Anadarko have said they will spend up to US$300mn on drilling exploration wells across three Côte d’Ivoire offshore oil and gas blocks in 2014
Pura Vida Energy acquires 50 per cent stake in oil block offshore Madagascar
Pura Vida Energy has entered into a farm-in agreement with Sterling Energy to acquire 50 per cent stake in the Ambilobe oil block offshore Madagascar