Chevron Corporation has announced that its subsidiary Cabinda Gulf Oil will go ahead with the development of the Mafumeira Sul project located offshore Angola
Exploration
Eni strikes oil in Egypt’s Western Desert
Italian oil and gas company Eni has discovered oil in Rosa North 1X, a new wildcat well located in the Western Desert of Egypt
Tangiers Petroleum seismic data confirms 750 million barrels of oil in Tarfaya
Following completion of a detailed 3D seismic program, Australian oil and gas company Tangiers Petroleum has confirmed the presence of 750mmbbl recoverable oil in the Tarfaya well offshore Morocco
African and Saudi Arabian firms eyeing oil exploration project in Zambia
A number of African and Saudi Arabian companies have shown an interest in partnering with ZCCM Investment Holdings for oil and gas exploration projects in Zambia, according to the Zambian firm
Oil and gas exploration may start in Chad Basin by 2014
Commercial oil and gas exploration may begin in the Chad Basin near Borno state in Nigeria by 2014 with government-financed oil prospecting in the region yielding positive results