Caracal Energy and TransGlobe Energy have announced a merger to create a US$1.8bn venture to focus on oil production in North Africa
Exploration
Heavy oil encountered offshore Moroccan block
Moroccan Office of Hydrocarbons and Mining (ONHYM) has announced that one of the permits offshore Tarfaya Block has encountered a column of heavy oil
Sasol Limited to tap into Mozambique’s oil and gas reserves
South African energy and chemicals company Sasol Limited has expressed keeness to tap into Mozambique’s oil and gas assets
Murphy Oil Corporation and OMV to drill off Namibian coast
US-based Murphy Oil Corporation and Austria’s OMV will search for oil and gas off Namibia’s coast
Marathon Oil signs agreement to explore Ethiopian Rift Basin
US-based oil and gas company Marathon Oil has signed a farmout agreement with Africa Oil to explore assets in the Ethiopian Rift Basin
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