Offshore Liberia is gaining attention from large oil and gas companies as the search for hydrocarbons heats up.

Water depths of more than 1,600 m (5,249 ft) continue to attract the attention of E&P companies operating in the Gulf of Mexico.

A new policy would allow companies to extract shale oil and gas from blocks already awarded by the government.

Exploration success in Kenya is attracting international interest, but new regulation governing licensing rounds is causing concern.

Offshore opportunities await foreign investors after Myanmar authorities lifted a local partnership requirement.

Analysts believe the deepwater Gulf of Mexico discovery could double the resource potential of the Shenandoah basin to 600 MMbbl of oil.

Evidence of continued interest in the US Gulf of Mexico (GoM) was shown when more than 50 companies vied for acreage during the latest lease sale.

The deal valued at more than US $4 billion comes in addition to an agreement for the joint study of a major shale gas block in China, further signaling growing interest worldwide in the unconventional resource.

E&P operators look to mature fields, complex deepwater discoveries, and unconventional plays for increased production.

Uganda has witnessed some positive activities in its nascent oil and gas industry since its parliament passed the country’s upstream oil law in December 2012, which experts say would pave the way for oil production to begin by 2017.