BW Offshore to spin off exploration and production company
BW Offshore has announced plans to establish its exploration and production (E&P) subsidiary BW Energy as a separate company.
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ExxonMobil increases its acreage offshore Namibia
ExxonMobil has acquired approximately seven million net acres offshore Namibia through an agreement with the Namibian government and NAMCOR.
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Enticing terms offer high potential rewards for drillers off southern Africa
Attractive fiscal terms in Namibia and South Africa make for impressive potential rewards, balancing the offshore exploration risk.
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Tower Resources signs deal on 80% stake in offshore blocks, Namibia
Tower Resources subsidiary Tower Resources (Namibia) has signed a new petroleum agreement (PA) with the Government of the Republic of…
Eco acquires remaining 10% stake in Pan Africa Oil Namibia from Amis
Eco (Atlantic) Oil & Gas, a Canada-based independent oil and gas exploration firm, has purchased the remaining 10% share in…
Deals this week: Petronas, Gassco, ExxonMobil Namibia
Petronas has signed an agreement with Total E&P Senegal to purchase a 30% stake in the Rufisque Offshore Profond block.
ExxonMobil to acquire a 30% stake in PEL 44 offshore Namibia
Oil giant ExxonMobil has completed an agreement with Namibia’s Azinam to acquire a 30% stake in PEL 44. Credit: Ji-Elle.
ByTullow Oil mobilises drillship for Cormorant-1 offshore Namibia
Pancontinental Oil & Gas has revealed that preparations are on track for scheduled drilling of Cormorant-1 well under the PEL…