BP plans US$15 billion investment in Angola’s new oilfields
British explorer BP has announced that it will invest US$15bn to explore and develop new oilfields in Angola
E&P
Harvest Natural Resources signs DOC for Gabonese oil block
Harvest Natural Resources has announced that it has signed a declaration of commerciality (DOC) with Gabon for the offshore Dussafu Block
Tullow Oil to gain 40 per cent interest in Namibia’s offshore block
Tullow Oil has signed a farm-in agreement with Eco (Atlantic) Oil & Gas Limited to acquire its 40 per cent interest in Cooper Block (2012A), situated in the Walvis Basin offshore Namibia
Drilling begins in South Africa’s first deep-water well
Total and its partner Canadian Natural Resources International have commenced the drilling operation for South Africa’s first deep-water well in the Western Cape
‘Africa oil and gas industry will continue to grow’, PwC review reveals
The oil and gas industry in Africa continues to show substantial growth with new hydrocarbon provinces developing at a significant pace, according to a review by PricewaterhouseCoopers (PwC)
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