ExxonMobil and Eni have signed a sale and purchase agreement on 9 March to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique
Erin Energy Corporation announced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig
The Ministry of Energy has brokered a deal that will see the Kenya Pipeline Company (KPC) lease the oil refinery facilities in Changamwe
As Nigeria reasserts itself as Africas top oil producer, Shell has shut down the 225,000bpd Bonga oil field, dropping its daily output to under 2mn bpd, but the US has increased its import of Nigeria crude by nearly 300 per cent
Oranto Petroleum will invest US$500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately
