Tower Resources signs farm-in deal with Taipan Resources for Kenya’s onshore block
Tower Resources, AIM-listed Africa-focused oil and gas exploration company, has signed a farm-in agreement for Block 2B located in Anza Basin onshore Kenya
E&P
Uganda takes over Ngassa oilfield from Tullow Oil
The Ugandan government has taken over the Ngassa oilfield and it is likely to begin pumping oil by 2017
Lekoil Oil and Gas to acquire stake in Nigerian oilfield
Lekoil Oil and Gas, a wholly-owned subsidiary of Lekoil Nigeria, will acquire a 40 per cent participating and economic interest in the Otakikpo Marginal Field from Green Energy International Limited
Tanzania receives five bids for four oil and gas blocks in its latest licensing round
Tanzania has received five bids for only four oil and gas blocks out of the eight it had offered in its fourth bidding round, industry sources announced
Gulf Marine Services eyes West Africa expansion next year
Oil services company Gulf Marine Services (GMS) has announced that it has plans to spend around US$400mn by 2016 and expand into West Africa next year to tap strong demand for its vessels
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