The country is offering 15 blocks, including 11 offshore.
Details of the bidding battle to win the full contract for one of the most prized offshore projects up for grabs next year are starting to emerge.
The West African country is making available seven blocks offshore to potential investors.
The country aims to produce first oil by 2016-2017.
The country may become the world’s third-largest exporter of LNG.
Mozambique regulators have added an additional three months to the initial deadline of 20 January for its Fifth Licensing Round due to high interest and requests for more time from exploration companies.
Bids are due in next month for Mozambique’s latest licensing round, with applications to then be evaluated over the course of the following two months.
Production sharing contracts for two deepwater blocks offshore Trinidad & Tobago have been signed by a consortium of BHP Billiton and BG Group.
A rare note of disappointment has emerged from Africa’s east coast where Ophir Energy confirmed one small gas find and a duster.
Eni has made a new discovery of oil and gas in the West Melehia deep exploration prospect.
The Epir-1 exploration well demonstrated a working petroleum system in the North Kerio Basin.
Eni obtained a three-year extension from the Angolan authorities to the exploration period of Block 15/06, located in Angola’s offshore.
Eni signed two concession agreements for the North Leil and Karawan blocks offshore Egypt.
When completed, PuntlandSPAN will deliver more than 7,600 km (4,722 miles) of pre-stack depth-migrated data to help gain a better understanding of both the architecture of the sedimentary basins and the hydrocarbon potential of this margin, according to ION.
Total has completed the flare-out of the Ofon Field on Oil Mining Lease (OML) 102 offshore Nigeria, a news release said.
Eni has started production from Nené Marine Field, offshore Congo, just eight months after obtaining the production permit.
The company has contracted the Transocean Sedco Express to expedite the timing of production tie-in from the Oyo-7 and Oyo-8 development wells.
Libya’s oil output fell below its own consumption as fighting spread to Mellitah, a region that hosts the country’s fourth largest oil port, the state petroleum company said.
Eni has started production of first oil from the West Hub Development Project in Block 15/06 in the Angolan deep offshore, approximately 350 km (217 miles) northwest of Luanda and 130 km (81 miles) west of Soyo.
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.
Following successful first oil in November 2014 and completion of the 72-hour continuous production test in early December 2014, PRN goes into effect retroactively to Nov. 28, 2014.
Bell Geospace geoscientistJames Mataragio has been appointed to the post of director general of the Tanzania Petroleum Development Corp. (TPDC) by President Jakaya Kikwete effective Dec. 15, Bell Geospace said in a news release.
Nigeria’s oil unions suspended their four-day national strike after reaching an agreement with the government, which included a push to pass an industry bill held up for years in parliament.
FMC Technologies Inc has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development, according to a news release.
FMC Technologies Inc. has received an order from Star Deep Water Petroleum Ltd., a Chevron company and operator of the Agbami Field, to provide subsea equipment for operations in the Agbami Field offshore Nigeria.