Oando Exploration and Production Limited (OEPL) has signed a farm-in agreement with Network Exploration and Production Nigeria (NEPN) for the acquisition of a 40 per cent participating interest in the Qua Iboe oil field (OML 13) in the Niger Delta region
Exploration
CAMAC signs two exploration licenses in Gambia
CAMAC Energy has signed licenses for two exploration blocks in Gambia that cover a combined area of approximately 2,666 sq km
BP to resume exploration in Libya while Shell abandons wells
Royal Dutch Shell has confirmed it is to suspend its interests in oil and gas exploration blocks in Libya, while BP has announced that it is to recommence oil exploration in the country
Eni makes oil discovery in Egypt
Eni has made a ‘significant’ oil discovery at the Emry Deep exploration prospect in the Western Desert of Egypt
PetroEnergy to invest US$140 million in Gabon
Filipino upstream oil company, PetroEnergy Resources, has announced that it is investing in a consortium that will drill seven production and exploration wells in Gabon, West Africa
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