Africa Oil Corp has announced that oil has been discovered at the Ngamia-1 well in Kenya and that Ethiopia’s Sabisa-1 well has confirmed a viable hydrocarbon system
Exploration
Swala Energy bids for three Zambian hydrocarbon blocks
Swala Energy has announced that it has submitted bids for hydrocarbon exploration permits in three Zambian blocks
BTG Pactual and Petrobras sign US$1.5 billion African joint venture deal
BTG Pactual and Petrobras International Braspetro B.V. (PIBBV) have signed a US$1.5bn agreement to establish a joint venture (JV) for the exploration and production of oil and gas in Africa
Oyster Oil & Gas to join Candax Energy on Madagascar onshore block
Candax Energy has announced that its subsidiary Candax Madagascar Limited will sell a 10 per cent working interest in Block 1101 onshore Madagascar to Oyster Oil & Gas
EnerGulf Resources granted 15 per cent interest in Namibia’s Block 1711
Namibias government has granted EnerGulf Resources a 15 per cent interest in offshore Block 1711 following the signing of a new Petroleum Agreement (PA)