BP has entered into farm-out agreements with US-based Kosmos Energy for the exploration of three oil and gas blocks offshore Morocco
Exploration
Chariot receives approval for Mauritanian farm-out deal
A farm-out deal between Chariot Oil & Gas and Cairn Energy for Block C19 offshore Mauritania has been approved by the countrys Ministry of Hydrocarbons
Premier Oil signs farm-in deal for onshore Kenya block
Premier Oil has signed a farm-in for 55 per cent of Taipan Resources license interests in Block 2B, onshore Kenya
Angola to levy 10 per cent tax on oil companies
The government of Angola has announced that it will impose a consumption tax of up to 10 per cent on petroleum companies operating in the country
Total SA’s Nigerian units to borrow US$7.5 billion
The Nigerian subsidiaries of Total SA are to borrow US$7.5bn from eight lenders in the West African country to help fund their development programmes in the region
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