Africa.Exploration News

A new Qatar?

Nov 01, 2017

With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…

Total acquires ultra-deep Namibia, South Africa stakes

Oct 23, 2017

French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa.  Total has acquired 70% of Impact’s interests in Block 2913B…

Total, ONAP ink Guinea E&P pact

Oct 09, 2017

Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…

Statoil picks up two South Africa licenses

Sep 07, 2017

Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…

Guinea Bissau signs up UK explorer

Jun 09, 2017

Bissau Exploration Co. (BEC) has signed a joint venture participation agreement between themselves and state oil firm A Empresa Nacional de Pesquisa e Exploracao Petroliferas (Petroguin) for petroleum exploration, development and production in the area of Block 4B…

Total inks deepwater Mauritania deal

May 12, 2017

Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…

SeaBird inks West Africa 2D

Apr 25, 2017

SeaBird Exploration signed a letter of award for an upcoming 2D seismic survey in West Africa. The project is due to start in Q2 2017, and will have a duration of approximately one month. SeaBird will be using the Osprey Explorer for the project.

Kosmos spuds Yakaar off Senegal

Mar 24, 2017

Kosmos Energy started the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. The Atwood Achiever drillship is now on location offshore Senegal in the Cayar Offshore Profond block and has started…

Africa Energy, Pancontinental in Namibia farmout deal

Nov 29, 2016

Africa Energy Corp. has entered into a farmout agreement with a subsidiary of Pancontinental Oil & Gas pursuant to which Africa Energy will acquire a 10% participating interest in Petroleum Exploration License 37 offshore, Republic of Namibia (PEL 37)…

Africa Petroleum loses Liberia licenses

Nov 23, 2016

West Africa focused independent African Petroleum is to drop its production sharing contracts for blocks LB-08 and LB-09 after they expired. The PSCs formally expired in June 2016 and since then the firm has been in discussions with Liberian authorities over a possible extension…

Sub-Saharan investment cut by $100 billion

Nov 03, 2016

Capital investment in the oil and gas industry in Sub-Saharan Africa has been cut by US$100 billion over the next five years, according to Wood Mackenzie's latest report on upstream activity in the region. Major oil companies are heavily…

Thorn of Africa

Nov 01, 2016

A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…

DMWA Resources opens in Africa

May 10, 2016

DMWA Resources, an oil and gas advisory, exploration and production, and trading firm, has begun offering its services on the African continent. The firm will capitalize on the African knowledge and experience of its management, and leverage…

Harsh realities

May 01, 2016

Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017.   The…

CERAWeek: Potential grows in Africa

Feb 24, 2016

Current oil prices does little to support exploration and expanding developments. However, keeping an eye on the future, sub-saharan African nations show promise. Western African countries, such as Nigeria, have already seen the benefits…

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