Offshore geophysical company Polarcus and National Petroleum Corporation of Namibia (NAMCOR) have signed an MoU for the exploration and development of Namibia’s offshore petroleum resources
Exploration
Total’s Angolan offshore block hits two billion barrels
Total’s offshore Angolan site Block 17 has produced two billion barrels of oil, the firm has said
Eni finds new gas and condensates offshore Libya
Eni has announced a new offshore gas and condensates discovery in Libya
Offshore Nigerian well exceeds expectations, says Erin Energy
Sub-Saharan African explorer Erin Energy Corporation has stated that the Oyo-8 well located in OML 120 offshore Nigeria has ‘exceeded expectations’ and is currently producing, at a stabilised rate, 7,080 barrels of oil per day (boepd)
Savannah Petroleum identifies 14 drill-ready prospects in Niger
Savannah Petroleum, Niger-focused oil and gas company, has found 14 drill-ready exploration prospects with estimated total gross unrisked mean prospective oil resources of 215mn barrels at Eocene and Upper Cretaceous reservoir horizons in R1/R2 Licence Area
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