Delonex Energy has announced that Warburg Pincus, a private equity firm focused on growth investing, will invest up to US$600mn in the company for oil and gas projects in Africa
Exploration
Total to start production of Angola offshore oilfields in 2014
Total has announced that it will start production on the US$10bn deepwater oilfields in Angola by 2014
Seychelles offers oil and gas exploration blocks
Seychelles has invited oil and gas companies to bid for its offshore exploration blocks, ending a two-year moratorium and introducing new rules for bidders
Africa Hydrocarbons spuds Tunisia well
Canadian listed exploration company Africa Hydrocarbons has begun drilling the BHN-1 oil well on the Bouhajla Permit onshore Tunisia
PetroSA signs technical cooperation permit deal with Sasol
PetroSA has signed a technical cooperation permit (TCP) agreement with synthetic fuels group Sasol to explore Block 3A/4A in South Africa’s offshore Orange Basin