West Africa Remains Oil, Gas Destination
MANAGING Director of Seplat Petroleum Development Company Austin Avuru, has described the West Africa as a prime petroleum province in the world.
The industry expert made the submission in London in a paper he presented at the International Petroleum Week
Research and development to revive SA economy
SOUTH Africa has relaxed its tax laws to stimulate research and development (R&D) in oil, gas and mineral exploration at a time when new reserves are being discovered in sub-Saharan Africa almost on a daily basis.
Barrick Gold Invests U.S$2 Billion in Tanzania Oil, Gas
Dar es Salaam, Tanzania  As East African states continue to explore for more oil and gas in their respective regions, Barrick Gold East Africa has said that they have invested $2b in Tanzania due to the great potential the country has in oil and gas.
Eni successfully drilled first oil delineation well of the Sankofa East oil discovery in offshore Ghana
Eni successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery in the Offshore Cape Three Points (OCTP) block, located in the Tano Basin offshore Ghana, around 50 km off the coast of Ghana. The result is important because it confirms the commercial standing of the oil discovery in the OTCP block and the strategic importance of the block for further industrial and economic development in the country.
