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.
Impact Oil and Gas has been awarded a new exploration license covering the AGC Profond Block located offshore in the Senegal/Guinea-Bissau joint development zone.
Ophir Energy Plc has expanded its footprint offshore Gabon by signing exploration and production-sharing contracts (PSCs) for two additional blocks.
Tullow has encountered hydrocarbon shows during exploration and appraisal activities conducted in Blocks 10BB and 13T onshore Kenya.
Shell has made a frontier exploration discovery offshore Gabon, West Africa.
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.
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.
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.