Joint venture partners Total E&P RDC as operator had the Block III license extended for an additional two years in Democratic Republic of Congo. SacOil holds a 12.5% effective interest.
BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners
Stephane Michel, head of Total's Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era
The minister of petroleum and mineral resources, Tarek El Molla, met last week with the heads of Misr Petroleum, Co-operation Petroleum, and Total Egypt to discuss issue of fuel supply.
Nigerian President Muhammadu Buhari was scheduled to travel to Paris on Monday for a three-day official visit to France following an invitation from President Francois Hollande. Meetings with the heads of French oil ...