Africa | Egypt Oil & Gas - Part 9
Cameroon Spud Two Gas Wells
Africa-focused firm Victoria Oil and Gas said that drilling has started on two development gas wells in Cameroon. The wells will cost $40m and the drilling campaign will be wrapped up in the second quarter of 2017.
Mozambique to Launch Oil, Gas Bid
Mozambique will hold its sixth round of oil and gas licensing round late in 2017 or in 2018. Additionally, the government awarded six licenses to search for oil and gas, with the potential to drum up about $700m in i ...
Nigeria to Invest in Gas
Nigeria currently possesses the capacity to create about $51b opportunities in the midstream and downstream gas sector. The country also plans to establish an independent agency to control the gas industry.
Total to Produce Oil Offshore Congo in 2017
Total expects first production from Congo Republic's offshore Moho Nord field to add an extra 100,000b/d when it starts early 2017.
Tullow to Explore S. Lokichar field
Tullow Oil will restart exploration and appraisal drilling at Kenya's prolific South Lokichar field in December where it saw an upside potential of over 1b barrels of recoverable oil. Eni to Decide on Mozambique’s LNG Project
Eni said a final investment decision is expected from partners on Mozambique's deep-water Coral South floating liquefied natural gas project by December, with production starting five years later.
Somalia to Launch Exploration Bid
Somalia will launch its first hydrocarbon licensing round early 2017 targeting offshore blocks. The Minister of Petroleum unveiled details on the plans for a 2017 license round during the Africa Oil Week held in Cap ...
Nigeria Launched Oil, Gas Recovery Plan
Nigeria unveiled Seven Big Wins, as part of short to medium term strategy framework with robust priorities to grow the country's oil and gas sector.
