Barrick Gold (BG) East Africa has said that it has invested US$2bn in Tanzania to harness the countrys potential in oil and gas
Exploration
Tullow suspends Paipai-1 exploration
Tullow Oil has suspended the Paipai-1 exploration well following unsuccessful tests on initial fluids
Hess strikes oil offshore Ghana
US-based oil firm Hess Corporation has made its seventh oil find offshore Ghana
Simba Energy finds more signs of oil in Guinea
Pan-African oil and gas company, Simba Energy, has found three more significant seeps during the first stage of its exploration work on Blocks One and Two in the Republic of Guinea’s Bove Basin
Eni makes significant gas discovery offshore Mozambique
Eni has made a new natural gas discovery within the Mamba Complex, in Area 4, offshore Mozambique