Fastnet Oil & Gas has announced that it has entered into a farm-out agreement (FOA) with an unnamed bidder with respect to the Foum Assaka Licence Area, offshore Morocco
Exploration
Niger awards another oil permit to CNPC
Niger has awarded China National Petroleum Corporation (CNPC) another operating permit onshore Agadem oil block
Chevron receives US$900 million after selling stakes in three Nigerian OMLs
Chevron has announced that it has acquired around US$900mn after selling its equities in three oil mining licences (OMLs) onshore Nigeria
Africa Hydrocarbons to commence well completion operations in Tunisia
Africa Hydrocarbons has announced it is due to start completion operations at the BHN-1 exploration well on the Bouhajla Permit onshore Tunisia
Heritage and Bayelsa JV to create new Nigerian oil company
A wholly-owned subsidiary of Heritage Oil has entered into a joint venture (JV) agreement with Bayelsa Oil Company to create an indigenous Nigerian oil company
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