Ireland-based oil and gas exploration company San Leon Energy Plc has signed a memorandum of understanding (MoU) with Chevron Lummus Global LLC to provide upgrading technology for the Timahdit shale oil license
Exploration
Total renews offshore Morocco licences
French company Total has renewed its exploration licences in the Western Sahara territory
Uganda signs agreement with three companies to produce oil
Uganda has struck a deal with three oil majors, Britains Tullow, Chinese National Oil Offshore Company (CNOOC) and France’s Total, for commercial production
Spending for deepwater to see global increase in five years
Deepwater expenditure is expected to go up by 130 per cent, totalling US$260bn from 2014 to 2018, according to a recent report released by Douglas-Westwood
Sao Tome and Principe select four bidders for two oil blocks auction
The island nation of Sao Tome and Principe has short-listed four companies to bid on two offshore oil blocks — Block 1 and Block 6 — located in its exclusive economic zone
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