Nigeria may see a 33 per cent rise in its oil production from 2.35mn bpd on an average currently to a new high of 3.13mn bpd by 2030, a new report has stated
Exploration
Eni to explore hydrocarbons in DR Congo’s coastal basin
Eni has signed a deal with DR Congo to explore hydrocarbons in the country’s coastal basin with the aim of expanding its foothold in sub-Saharan Africa’s oil producer
Sonangol awards KCA Deutag US$170 million rig contract
International drilling and engineering contractor KCA Deutag has won a US$170mn contract by Sonangol for its Ben Rinnes jack-up rig in Angola
Oil discovered in Sahara Group’s onshore block in Nigeria
Sahara Group has discovered commercial hydrocarbon in all three onshore oilwells drilled at Oil Prospecting Licence (OPL) 274 in the Edo State block, Nigeria, where the company holds 100 per cent working interest
Woodside Petroleum acquires majority stake in Tanzania’s Lake Tanganyika block
Woodside Petroleum has signed a farm-in agreement with Beach Energy to acquire 70 per cent participating interest in the Lake Tanganyika block located in western Tanzania
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