Nigeria-focussed oil and gas company Eland has entered into an agreement with Amalgamated Oil Company Nigeria Limited (Amocon) for acquiring a 40 per cent equity stake in its OPL 452 license
Exploration
Barrick Gold invests in Tanzania oil and gas sector
Barrick Gold (BG) East Africa has said that it has invested US$2bn in Tanzania to harness the countrys potential in oil and gas
Tullow suspends Paipai-1 exploration
Tullow Oil has suspended the Paipai-1 exploration well following unsuccessful tests on initial fluids
Hess strikes oil offshore Ghana
US-based oil firm Hess Corporation has made its seventh oil find offshore Ghana
Simba Energy finds more signs of oil in Guinea
Pan-African oil and gas company, Simba Energy, has found three more significant seeps during the first stage of its exploration work on Blocks One and Two in the Republic of Guinea’s Bove Basin