A survey by Platts has revealed OPEC’s oil production for March was the highest it has been since 2012
Exploration
Equatorial Guinea ratifies offshore production agreement with ExxonMobil
Equatorial Guinea has announced the approval of production sharing contract (PSC) for offshore Block EG-06
ION Geophysical expands seismic data library offshore Namibia
US-based ION Geophysical has completed seismic acquisition stage of its NamibiaSPAN programme that extends the full length offshore Namibia’s continental margin
Shell sells stake in Nigeria’s OML 18 for US$737mn
Oil major Shell has sold its 30 per cent interest in Nigeria’s oil mining lease (OML) 18 to Eroton Exploration & Production Company for US$737mn
African Petroleum grants extension for Liberian licence
African Petroleum has agreed for an additional extension of a non-binding term sheet until 20 June 2015 with a UK-based exploration and production firm operating LB-08 Licence offshore Liberia