East Africa could become the world’s next oil and gas export hub by 2020, according to a new report
Exploration
New Age finds oil and gas on Ethiopian block
New Age has discovered oil and gas flow in its appraisal well El Kuran-3 located in Block 7/8 in Ethiopia
Cap Energy buys oil and gas block offshore Senegal
Cap Energy’s subsidiary Sencap has acquired a 49 per cent interest in the oil and gas block Djiffere offshore Senegal from Trace Atlantic Oil Limited (TAOL) Senegal (Djiffere) Limited (TAOL Djiffere)
NOC subsidiary discovers oil and gas in Libya’s Ghadames Basin
Arab Gulf Oil Company (AGOCO), subsidiary of National Oil Corporation (NOC), has struck oil and gas in the Ghadames Basin, 200km south of Tripoli
Ophir Energy commences drilling offshore Gabon
Ophir Energy plc has announced that drilling operations have begun on the Padouck Deep-1 well on the Ntsina Block, offshore Gabon