Rialto Energy has signed a new, amended Production Sharing Contract (PSC) for Block CI-202, located offshore Côte d’Ivoire
Exploration
DR Congo to auction 10 oil blocks in early 2014
The Republic of Congo National Oil Company (SNPC) has announced that the government plans to auction 10 onshore and offshore oil blocks by early 2014
Sudan to auction five oil blocks in December
Sudan’s oil minister has announced that the government plans to auction five petroleum blocks in December as part of government plans to increase oil exploration within the countrys borders
Sterling Energy increases its stake to 25 per cent onshore Somaliland block
Independent oil and gas firm Sterling Energy has increased its stake to 25 per cent in a production sharing contract (PSC) for the Odewayne Block in Somaliland
ExxonMobil to resume exploration offshore Madagascar
ExxonMobil has said it will resume exploration offshore Madagascar after its affiliates obtained extensions for three oil and gas licences