French energy major, Total, has been informed by Occidental that it cannot acquire oil and gas assets in Algeria.

The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise

Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country.

Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves.

Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.

Mozambique's cabinet has approved changes to liquefied natural gas (LNG) contracts with U.S. oil major Anadarko and Italy's Eni to allow the two companies to sell the government's share of gas from projects in the Rovuma Basin.

The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development liquefied gas projects.

Italian oil firm Eni has approached banks for billions of dollars to finance Mozambique's huge offshore gas development.

In light with the commencement of oil production at Ghana's offshore Tweneboa-Enyenra-Ntomme (TEN) field - that was initially discovered in March 2009 - The Ghana National Petroleum Corporation (GNPC) has been having disputed claims regarding whether or not the financial agreement, that the project is bound to operate under, is a fraud.

Long-delayed offshore gas project with Italy’s Eni could be approved within months, sparking investments with the potential to transform Mozambique, one of the world’s poorest countries, into a major energy player.