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
E&P
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
Tullow suspends Paipai-1 exploration
Tullow Oil has suspended the Paipai-1 exploration well following unsuccessful tests on initial fluids
Hess strikes oil offshore Ghana
US-based oil firm Hess Corporation has made its seventh oil find offshore Ghana
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