Duma Energy has been granted a 5.3mn acre concession in the Owambo Basin, Namibia, as part of the companys recent acquisition of Namibia Exploration Inc (NEI)
Duma Energy acquires 5.3 million acre concession in Namibia
Exploration
New Orient Petroleum Resources refinery to boost Nigerian oil production
Orient Petroleum Resources (OPR) has announced that by December 2013 it will be processing 20,000 barrels of crude oil per day at a new oil refinery in south-eastern Nigeria
African Petroleum announces end of PetroChina exclusivity
African Petroleum has announced that the exclusivity granted to PetroChina to purchase a stake in exploration blocks in a variety of African countries has now expired
Shell Nigeria sells OML stake to Elcrest
Shell Petroleum Development Company of Nigeria (SPDC), a subsidiary of Royal Dutch Shell (Shell), has completed the US$102mn sale of its 30 per cent interest in Oil Mining Lease (OML) 40 in the Niger Delta to Elcrest Exploration and Production Nigeria
Total push Ugandan oil production back to 2017
Repeated failures to achieve Ugandan oil production targets has meant that the East Africa nation will have to wait five more years before it can reap the benefits of its much treasured oil resources
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