African oil and gas exploration firm Bowleven has announced that First Oil has acquired a 30 per cent holding in its East African-focused ventures
First Oil acquires a 30 per cent stake in Bowleven’s East African ventures
Exploration
Egypt’s ERQ Concession records increase in oil production
Kuwait Energy and Egyptian General Petroleum Corporation have announced that oil production has increased at the East Ras Qattara (ERQ) Concession in Egypt’s Western Desert
Africa Oil Corp discovers oil in Kenya and viable hydrocarbons in Ethiopia
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
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
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