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Exploration

Madagascar Oil has announced agreed terms for a new financing transaction, which is expected to secure the company approximately US$78.4mn

Offshore drilling contractor Jasper Offshore has announced that its subsidiary, Jasper Drilling Pte Ltd, has signed a contract with CNOOC Congo SA for conducting drilling operations offshore Congo (Brazzaville)

Chevron Morocco Exploration has signed an agreement with Moroccan hydrocarbons and mining firm Office National Des Hydrocarbures Et Des Mines to acquire stakes in three offshore exploration blocks

Frances Total SA will retain its oil license in northern Ugandas Lake Albertine Rift Basin after the company made a discovery in the area last month

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