Taipan Resources’ wholly-owned subsidiary Lion Petroleum has entered into a Letter of Intent (LoI) with Greatwall Drilling Company of China to contract GW-190 rig for its planned well in northeast Kenya’s Block 2B
State-owned Algerian energy firm Sonatrach, along with its Russian partner Gazprom, has made a new oil and gas find in Block 236b of El Assel area in Algeria’s Berkine Basin
Chad has plans to double its oil production by 2016 as the country expects to discover new oilfields, according to the country’s finance minister
Oil and gas exploration company Cairn Energy alongside its joint venture partners has announced that the FAN-1 exploration well, offshore Senegal has discovered oil
Niger and Savannah Petroleum have signed a production sharing contract (PSC) that will see the UK firm invest US$90mn in an oil project in the West African country next year
