Energy company Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda
Exploration
‘African licensing round opportunities to remain strong in 2020’
Throughout 2019, Africa has led the licensing round; looking forward to 2020 this is set to continue, but the results of recent rounds have had limited success in a global context, according to data and analysis firm GlobalData
Equatorial Guinea grants ExxonMobil extension, expects major investments in 2020
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has granted ExxonMobil a six-month extension for offshore blocks EG06 and EG-11
Oil markets could face oversupply in 2020, says DWF
Slava Kiryushin, Dubai-based global head of energy at DWF, has commented on the global oil trade in 2020, where he expects there to be an oversupply
Springfield E&P makes oil discovery offshore Ghana
Springfield Exploration and Production (SEP) Limited and its partners have announced a significant oil discovery following its maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana
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