The Nigerian National Petroleum Corporation (NNPC) has secured a US$1.2bn multi-year drilling financing package
Exploration
Uganda planning to open up more oil basins
Uganda’s Ministry of Energy and Mineral Development (MEMD) plans to open up at least one more oil basin in the country
Kenya to auction petroleum exploration licences in 2017
Kenya is planning to hold its first-ever auction of petroleum exploration licences in 2017
Tower Resources signs PSC for offshore Cameroon block
UK-based Tower Resources (Tower) has signed the shallow water Thali production sharing contract (PSC) offshore Cameroon
Erin Energy gets extension to explore offshore Kenya blocks
Erin Energy has obtained an 18-month extension of the initial exploration period (IEP) of its offshore Kenya blocks, L27 and L28