African oil explorer Swala Energy has revealed plans to raise up to US$13mn in an initial public offering (IPO) to fund a drilling campaign in Tanzania and Kenya
Swala Energy to raise funds for drilling through IPO
Exploration
Madagascar Oil transaction raises US$78.4 million
Madagascar Oil has announced agreed terms for a new financing transaction, which is expected to secure the company approximately US$78.4mn
CNOOC assigns Jasper Explorer to drill oil offshore Congo (Brazzaville)
Offshore drilling contractor Jasper Offshore has announced that its subsidiary, Jasper Drilling Pte Ltd, has signed a contract with CNOOC Congo SA for conducting drilling operations offshore Congo (Brazzaville)
Chevron signs agreement with Moroccan firm to acquire stakes in three blocks
Chevron Morocco Exploration has signed an agreement with Moroccan hydrocarbons and mining firm Office National Des Hydrocarbures Et Des Mines to acquire stakes in three offshore exploration blocks
Total to retain Ugandan oil license
Frances Total SA will retain its oil license in northern Ugandas Lake Albertine Rift Basin after the company made a discovery in the area last month
More Articles …
