Tanzania recorded another natural gas discovery, adding to its already significant offshore gas reserves. The discovery, the Mkizi-1 well, was drilled by BG Group and Ophir Energy on Block 1.
Eni and China National Petroleum Corporation concluded Eni’s sale today to CNPC of 28.57% of Eni East Africa’s shares, owner of a 70% interest in Area 4, located off the coast of Mozambique, Eni reported in a news release.
The African Union has asked Sudan to extend a deadline to halt oil flows to South Sudan, state-linked media said on Wednesday, in a last-ditch effort to keep crucial oil exports going.
Algeria will be receiving a visit from officials from Russian gas giant Gazprom this year. The Russian firm is looking to establish a better working relationship with the Algerian government and the visit is aimed at ensuring that.
Reuters reports that South Sudan has reduced its oil output and plans to shut it off completely after northern neighbor Sudan insisted production be shut down by August 7, officials said, over allegations of support for rebels that operate across their border.
Petroleum Africa reports that Dana Gas has achieved record production in Egypt. The company’s production is now sitting 39,000 boepd, including 190 Mmscf/d of gas and 8,500 barrels of liquids per day.
Angola, Africa’s biggest oil producer after Nigeria, will produce 2 million barrels of the fuel a day next year or in 2015, Bloomberg has reported.
This figure will meet a target it had planned to reach in 2013, the Angolan oil minister said.
Tap Oil Limited (ASX:TAP) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana.
Africa Oil Corp. (OMX:AOI) has confirmed "excellent results" from its recent drilling operations in Kenya and Ethiopia, the company reported in a news release.
Saipem informs that last night, July 1, the jack up drilling rig Perro Negro 6, due to the collapsing of the seabed under one of the three legs, suddenly tilted and suffered hull damages, causing water intake.