The country plans to offer shallow-water blocks in addition to deepwater and unconventional blocks.

The West African country is making available seven blocks offshore to potential investors.

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.

The sale is scheduled to to take place in New Orleans in March 2015.

Marathon Oil Corp. has closed the transaction with Det norske oljeselskap ASA for the sale of Marathon Oil Norge AS for a total transaction value of $2.7 billion.

Woodside has finalized an agreement with Noble Energy and Glencore to farm in to the Tilapia production-sharing contract off the coast of Cameroon.

Aminex Plc has reached a binding agreement to sell up to a 13% interest in the Kiliwani North Development Licence (KNDL) in Tanzania to Solo Oil Plc for a total consideration of $7 million.

Statoil has sold its 15.5% participating interest in the Shah Deniz production-sharing agreement.

Eni signed two production-sharing contracts with Petrovietnam for the exploration of blocks 116 and 124 located off the coast of Vietnam.

Tullow Oil SK Ltd. has completed the sale of 53.1% of its Schooner unit interest and 60% of its Ketch asset in the U.K. southern North Sea to Faroe Petroleum (U.K.) Ltd.

Faroe Completes Acquisition Of Operated Interests In UK Fields

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