Total has announced that it has sold its 20 per cent interest in the Nigerian OML 138 block to a subsidiary of China Petrochemical Corporation (Sinopec) for US$2.5bn
Total sells interest in offshore Nigeria block
Exploration
Chariot Oil & Gas announces start of 3D seismic survey in Mauritania block
A 3D seismic survey in Mauritanias Block C19 is now underway, according to operator Chariot Oil & Gas
Repsol to resume drilling in Libya
Spanish oil firm Repsol is preparing to recommence drilling in Libya in early 2013, adding to signs that the country’s key industry is making a comeback following the 2011 civil war
Kenya seeks 25 per cent stake in oil production ventures
Kenya plans to utilise its current natural resources exploration boom by acquiring a 25 per cent stake in the production activities of oil and gas companies working in the country
Ex-Cove Energy executives to start Africa-focussed exploration firm
Former executives from Cove Energy Plc have announced they will start an Africa-focussed oil and gas exploration firm after the company was sold for US$1.9bn to Thailand’s PTTE
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