Oil and gas company SacOil has announced that it will receive a capital injection from Gairloch Limited amounting to more than US$80.2mn via a rights offer
Exploration
FAR and Ophir Energy sign agreement for offshore Kenyan block
Australia-listed FAR has announced that it has entered into a joint venture agreement with Ophir Energy to carry out exploration activities on a block offshore Kenya
Libya resumes pumping in western oilfield
Libya has announced that it has resumed pumping on its key oilfield in the west, El Sharara, after a pipeline linking the field to export terminals was re-opened
Rialto Energy signs MoU for amended contract offshore Cote d’Ivoire
Rialto Energy has signed a Memorandum of Understanding (MoU) to replace the existing production sharing contract (PSC) for an offshore Cote d’ Ivoire block with an amended one
Lukoil enters agreement to explore offshore block in Sierra Leone
Lukoil has announced that it has entered into a production sharing agreement (PSA) for the exploration and development of SL-5-11 Block in the deepwater shelf of Sierra Leone
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