Qatar Petroleum signs an exploration agreement into Mozambique

Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the … Read More

Discover Exploration Limited Farms Out Blocks 35, 36 & 37 to Tullow Oil Offshore Comoros

Discover Exploration Limited has announced that its wholly-owned subsidiary Discover Exploration Comoros B.V. has signed a binding agreement to farm out a 35% working interest in its Production Sharing Contract (PSC) covering … Read More

Anadarko Allocates $200M Towards Mozambique LNG Project

Anadarko Petroleum the operator in Mozambique Offshore Area 1 has said it has allocated approximately $200 million toward its LNG project, pre FID (final investment decision), for its’s portion of the costs … Read More

EOPS: 30,000 Barrels of Crude Oil Stored in Mombasa

Already 30,000 barrels of crude oil have been stored at the Mombasa based refinery since the trucking of stored oil at the Ngamia fields in mid this years. Currently the … Read More