Chaher Boulakhras, President and CEO of the National Electricity and Gas Company of Algeria (Sonelgaz), and Juan Ondo Ndongo, General Manager of Equatorial Guinea’s National Gas Company (Sonagas) signed a memorandum of understanding (MoU) on November 28 to enhance cooperation in the field of gas transmission, distribution, and energy efficiency.

FAR and its partner Svenska Petroleum Exploration have completed the revision of the terms for the Sinapa and Esperanca License with Guinea-Bissau’s Petroguin.

Hyperdynamics signed a $4.5m master service agreement (MSA) with Schlumberger to provide drilling services for the Fatala-1 deepwater exploration offshore the Republic of Guinea.

Hyperdynamics signed a Letter of Intent (LOI) with SAPETRO farm-out part of Hyperdynamics’ oil and gas concession offshore Guinea.

SeaBird Exploration announced that it has signed an agreement to provide Osprey Explorer source vessel for an upcoming ocean bottom seismic survey in Gulf of Guinea. The project will commence before the end of 2016and take two or three months to complete.

Hyperdynamics Corporation has received an improved exploration risk assessment of two deepwater wells offshore Guinea.