Block 2B | Egypt Oil & Gas

Sudan Delayed Block 2B License Extension

Sudan has delayed an extension to Oil and Natural Gas Corporation Limited (ONGC) Videsh’s license on Block 2B as it seeks higher royalties, tax, and profit.

Africa Energy to Acquire 90% Interest in South African Block

Africa Energy Corporation (AEC), a Canada-based exploration company - formerly known as Horn Petroleum Corporation, will acquire a 90% working interest and operatorship in Block 2B offshore South Africa.

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