The Parliament has passed the Petroleum Supply (Amendment), Bill 2023, giving the Uganda National Oil Company (UNOC) exclusivity to import and supply all petroleum products destined for the Ugandan Market
Exploration
TAG Oil provides update on Badr Oil Field
TAG Oil has provided the following update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field (BED-1) in the Western Desert of Egypt
Côte d'Ivoire-based ICE OIL & GAS signs PSA on an offshore block in the West African country
ICE OIL & GAS, an emerging player in the exploration and production of hydrocarbons, signed a production sharing agreement with the State of Côte dIvoire on offshore block CI-705
88 Energy to partly acquire interest onshore Namibia
88 Energy has announced the execution of a three stage farm-in agreement with a wholly owned subsidiary of Monitor Exploration to earn up to a 45% non-operated working interest in onshore Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia
Tullow Oil signs oil marketing and offtake contracts with Glencore
Tullow Oil has entered into a US$400mn five-year notes facility agreement with Glencore Energy UK Limited (Glencore)