Barclays Bank Kenya has announced that it has extended a US$13mn loan to an exploration company to help it buy rigs for its operations in the East African country
Exploration
Cairn Energy to start exploring offshore fields in Africa
Cairn Energy has announced that it will start four new offshore exploration projects in northwest Africa within weeks
Eco Oil & Gas wins exploration licence in Namibia
Eco Oil & Gas has announced that it has received final approval from Namibia’s Ministry of Mines and Energy for the inclusion of all oil and gas rights on its Skeleton Coast License#31
Genel Energy acquires stake in oil block onshore Ethiopia
Independent oil explorer Genel Energy has announced that it has acquired a 40 per cent interest in the Adigala Block onshore Ethiopia
Marathon Oil discovers hydrocarbons offshore Gabon
Marathon Oil has announced that hydrocarbons have been discovered in the deepwater regions of the pre-salt play offshore Gabon
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