Maxim Resources has entered into a heads of agreement (HOA) with First Sahara Energy (FSE) to acquire its 100 per cent interest on the Beni Znassen Block in Morocco
Exploration
TRANSCORP signs PSC with Nigeria for onshore oil block
Transnational Corporation of Nigeria (TRANSCORP) has signed a production sharing contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) for oil block OPL281
Kenya’s delay in bidding blocks ‘to benefit the country’
The delay in Kenya’s first licensing round for oil and gas blocks will be beneficial for the East African country’s economy, according to a research and consulting firm
Uganda to begin commercial oil production in three years
Uganda will begin commercial oil production by the end of 2017 after the completion of an export pipeline and a refinery in the country, minister of energy and mineral development said
Statoil sells Angolan offshore block stake to Sonangol E&P
Statoil will be selling its five per cent participating interest in the Eni-operated Block 15/06 offshore Angola to Sonangol E&P
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