Norwegian oil major Statoil has announced that it has farmed down a 25 per cent working interest in its exploration license offshore Mozambique to Japan’s Inpex Corporation
ONGC Videsh (OVL) and its partner Oil India (OIL) have offered up to US$5bn to buy a combined 20 per cent stake in a Mozambique gas field jointly owned by Videocon and US-based Anadarko Petroleum
Brazilian multinational energy corporation Petrobras has revealed plans to auction its interests in Nigerian oil fields in an attempt to raise funds for its capital spending plan
Kenya has confirmed a 60 per cent expansion of oil and gas explorer FAR’s L6 exploration permit off the coast of the East African nation
Uganda and Total have been engaging in discussions for the oil firm to resume its exploration activities in Uganda and drill more wells in the Nebbi district
