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.
Greater potential fuels CAMAC Energy deepwater pursuit.
The country has made available four offshore blocks.
The survey was executed by PGS Geophysical Ltd. using its high resolution GeoStreamer technology.
The SM-1 well encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates offshore Morocco.
BP Egypt has been awarded two new exploration blocks as a result of the 2013 EGAS bid round.
Cairn has made a discovery of high-quality oil in the second well in the Senegal exploration program.
Ongoing interpretation of 2-D seismic data on Kenya Block 11A has revealed the presence of several viable leads.
The Sharara and Elephant fields in the southwest should resume production on Nov. 12, said Mohamed Elharari, a spokesman for state-run National Oil Corp.
Libya will resume pumping crude “soon” at Sharara, its biggest oil field, after an attack that halted output, reducing the North African nation’s production by almost a third, an official said.
Libya’s warring factions have pledged to keep the North African country’s crude flowing, putting pressure on other OPEC nations to curb output when the group supplying 40% of the world’s oil meets next month.
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.
After nearly four years of planning and investing more than $4.5 million in facilities, recruitment and training, GE Oil & Gas has added the capability to fabricate subsea wellheads in Nigeria for its oil and gas customers, the company said in a news release.
At the Ebok Field in Nigeria, Afren and its partner Oriental Energy Resources Ltd. have installed the jacket for the Ebok CFBx platform.
BMT Scientific Marine Services has been selected by Esso Angola to provide maintenance services for systems installed on the two Kizomba TLPs offshore Angola.
Ceona has been awarded two new contracts in Nigeria worth a total of more than $30 million.
Tullow Oill will emphasize exploration onshore in Kenya over costly offshore wells as the company grapples with lower oil prices.