Russian oil producer, LUKOIL, has signed an agreement with Côte dIvoire to explore offshore for oil
Exploration
Agriterra to sell US$50mn South Omo interest to Marathon Ethiopia
Pan-African agricultural company, Agriterra, has announced the sale of its 20 per cent interest in the South Omo Block in Ethiopia to Marathon Ethiopia in a deal that could be worth US$50mn
Ophir Energy to resume Tanzania drilling operations
Ophir Energy and partners BG Group have announced they will resume their offshore Tanzania drilling campaign to further explore the resource potential of the Jodari blocks
Chevron awarded offshore Sierra Leone contract
Chevron has announced that it has been awarded participation in two deepwater blocks located offshore Sierra Leone
PetroSA acquires stake in Ghana’s Jubilee field
PetroSA, South Africa’s national oil company, has purchased Sabre Oil and Gas Holdings for an undisclosed amount, giving the company a stake in Ghana’s offshore Jubilee field