A wholly-owned subsidiary of Heritage Oil has entered into a joint venture (JV) agreement with Bayelsa Oil Company to create an indigenous Nigerian oil company
Exploration
Rialto signs new offshore Côte d’Ivoire contract
Rialto Energy has signed a new, amended Production Sharing Contract (PSC) for Block CI-202, located offshore Côte d’Ivoire
DR Congo to auction 10 oil blocks in early 2014
The Republic of Congo National Oil Company (SNPC) has announced that the government plans to auction 10 onshore and offshore oil blocks by early 2014
Sudan to auction five oil blocks in December
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
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
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