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Exploration

South Africa has signed an exploration and production sharing agreement (EPSA) with South Sudan for Block B2

Energy firm ExxonMobil has announced that it will increase its exploration acreage in Namibia with the addition of approximately seven million net acres (28,000 sq km)

South Sudan inherited 75 per cent of proven oil reserves from Sudan at the time of independence in 2011, making it the third largest oil reserve in sub-Saharan Africa

Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger role of the conventional resources discovered in the first quarter, according to Rystad Energy

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