Canada-listed Africa Oil will transfer its stake in two production sharing agreements in the Somali territory of Puntland to Denovo Capital, to own 50 per cent
Exploration
Transocean to buy Aker Drilling in $2.4bn deal
Dominion wins Kenya deep-water block
The Kenyan government has awarded London-listed Dominion Petroleum Block L15, in the offshore Lamu basin
Uganda's oil potential arouses international interest
The French Ambassador to Uganda has said that the exploration for oil in the country is a key opportunity for Ugandas government to press ahead with its development agendas
Hydrocarbons Identified at Mart's Nigeria Well
Mart resources and its co-venturers, Midwestern O&G (Operator of the Umusadege field in Nigeria) and Suntrust Oil provided an update on the UMU-8 well in the Umusadege field