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Africa

A Petroceltic International and Edison International joint venture (JV) has secured the North Port Fouad Block licence, located offshore Nile Delta, Egypt.   The JV secured the licence award as part of the Egyptian Natural Gas Holding Company 2013 International Bid Round.   North Port Fouad (Block 7) lies to…
The price of Brent crude increased above $97 a barrel on Tuesday amid strikes against Islamic State targets in Syria by the US and various Gulf Arab allies.   Unexpectadly increased Chinese factory activity in September also boosted the demand outlook.   Reuters reported that Brent for November delivery rose…
West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block, offshore Ghana.   The Accra Block covers an area of 2,000km² with water depths varying between less than 50m and more than 2,500m.   The block features various large exploration…
French geoscience company CGG has signed an agreement with the Gabonese Ministry for an offshore multi-client survey programme.   The agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon will see CGG commence the first phase of a 35,000km² BroadSeis 3D programme in the fourth-quarter…
Dana Gas has announced that its wholly owned subsidiary, Dana Gas Egypt, has been awarded the North El Salhiya (Block 1), whilst Dana and BP have together been awarded the El Matariya (Block 3) onshore Concessions in the Nile Delta as part of the 2014 EGAS bidding round held recently…
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