The first agreement involves an exploration and production sharing contract for the Rufisque Offshore Profond block. The second one sets that Total will perform studies to assess the exploration potential of Senegal ...
Saudi Arabia reduced its oil production last month to the lowest since the beginning of 2017. The country decreased its output by 111,000b/d in March to 9.9mb/d.
Petrochemicals group Sasol has found oil in wells off Mozambique and aims to bring the fossil fuel to production for the first time in the southern African nation.
Ganoub El Wadi (Ganope) signed a Memorandum of Understanding (MoU) with Russia's Zarubezhneft Jst and the Egyptian Natural Gas Holding Company (EGAS) to develop petroleum production ratio.