The country aims to produce first oil by 2016-2017.
The country may become the world’s third-largest exporter of LNG.
Greater potential fuels CAMAC Energy deepwater pursuit.
The country has made available four offshore blocks.
Plans include drilling offshore Western Sahara, Mauritania and Suriname.
Bell Geospace has been awarded the contract for the provision of airborne FTG and magnetic surveys in the Gewane-El Wiha Block, Ethiopia (Afar Area) by GPB Ethiopia Resources B.V.
The SM-1 well in the Sidi Moussa Block offshore Morocco has encountered oil during drilling operations.
Oryx Petroleum Corp. Ltd. has acquired an 85% interest in the AGC Central license located in the joint development offshore area between Senegal and Guinea Bissau (AGC), the company said in a news release.
Eco (Atlantic) Oil & Gas Ltd. has commenced its planned 1,097-sq-km (424-sq-mile) 3-D seismic survey on the Cooper Block located in the Walvis Basin offshore Namibia.
The LXM-101 well encountered oil.
The company plans to start production from West Hub fields within five months.
Total's deep export production treatment hub (DEPTH) program focuses on deepwater gas and has a number of elements that include an all-electric production system.
Australia's Sunbird Energy expected to make final decisions for South Africa.
LDD, an Acteon company, has finished a specialist foundation installation for the Etame Marin Block field expansion project offshore Gabon.
The KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded a FEED contract by Eni East Africa SpA for a floating LNG (FLNG) facility for the Coral South Development Project located in Mozambique, KBR said in a news release.
A Chevron subsidiary in Angola has extended the current contract for the Maersk Deliverer by two years.
The agreement will allow the companies to jointly pursue opportunities worldwide.