Mooncor Oil & Gas Corp. has announced that it has entered into a binding letter of intent dated 29 May 2017 with an arms length third party whereby Mooncor will acquire an undivided 50 per cent interest in a silver-Zinc project in Germany and a silver-copper-fluorite project in Namibia, collectively with the German project
Geology & Geophysics
Opportunities for new hydrocarbon producers in East Africa
Mozambique, Kenya, Tanzania, Uganda and Somalia are all vying to be the next producing hydrocarbon nation in Africa. At Africa Oil Week, there was much positive discussion about how these new producers can move forward in challenging economic times
Tullow Oil cuts spending in West Africa
It was announced that on 9 November, Tullow Oil was to cut spending and production targets in West Africa
CGG awarded multi-client projects offshore Mozambique
CGG has been awarded an extensive multi-client program by the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique
ION Geophysical finishes data interpretation of Namibia block
ION Geophysical has completed the interpretation of a 2D seismic survey on block 2113A in the Walvis basin offshore Namibia