SacOil starts operations on Malawi block
Independent African oil and gas company SacOil has confirmed that first operations on Block 1 in Malawi have begun
E&P
ExxonMobil enters Liberian offshore oil exploration sector
US oil major ExxonMobil has confirmed its entry into the Liberian offshore exploration scene and said that its Liberian affiliate had acquired an 80 per cent stake in Block LB-13
Statoil farms out 25 per cent of Mozambique license to Japan’s Inpex Corporation
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
OVL-OIL offers US$5 billion for 20 per cent stake in Mozambique gas field
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
Petrobras to launch auction of Nigerian oil blocks
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
