Rialto Energy has signed a Memorandum of Understanding (MoU) to replace the existing production sharing contract (PSC) for an offshore Cote d’ Ivoire block with an amended one
Exploration
Lukoil enters agreement to explore offshore block in Sierra Leone
Lukoil has announced that it has entered into a production sharing agreement (PSA) for the exploration and development of SL-5-11 Block in the deepwater shelf of Sierra Leone
Wessex Exploration applies for renewal permit in Madagascar
Wessex Exploration has announced that it has applied for the renewal of the Juan de Nova Est permit, located in northwest Madagascar, for a five-year term
BHP Billiton buys Global Energy Holdings’ remaining stake in South African block
Australian mining firm BHP Billiton has announced that it has bought the remaining 10 per cent interest from Global Energy Holdings in an offshore block in the Orange Basin of South Africa
Oyster Oil & Gas acquires oil block in Madagascar
Oyster Oil & Gas Limited has announced that it has signed an agreement with Candax Energy to acquire its 10 per cent working interest in Block 1101 onshore Madagascar