The National Oil Company of Liberia (NOCAL) has signed a sharing contract with ExxonMobil and Canadian Overseas Petroleum (COPL)
Exploration
Pura Vida discovers contingent resource at the Loba oil field
Australian oil explorer Pura Vida Energy has discovered a contingent resource at the Loba oil field on Gabons offshore Nkembe permit
Cap Energy invests in Guinea-Bissau exploration licences
Cap Energy has entered into an agreement to acquire majority shares in Sphere Petroleum who holds interests in two offshore Guinea-Bissau exploration licences
Eland acquires 40 per cent stake in Amocon’s Nigerian license
Nigeria-focussed oil and gas company Eland has entered into an agreement with Amalgamated Oil Company Nigeria Limited (Amocon) for acquiring a 40 per cent equity stake in its OPL 452 license
Barrick Gold invests in Tanzania oil and gas sector
Barrick Gold (BG) East Africa has said that it has invested US$2bn in Tanzania to harness the countrys potential in oil and gas