Kenya is preparing to put 10 multibillion-dollar oil and gas exploration blocks up for auction this September, marking its first licensing round since introducing a new petroleum law six years ago.

Uganda National Oil Company (UNOC) is on the lookout for a joint venture partner to help it explore and develop an oil block in the western part of the African country, a spokesperson for the ...

Exxon has decided to pull out of an exploration block offshore Suriname and transfer its 50% stake to partner Petronas, the Suriname state oil company Staatsolie said in a news release. The exit is ...

Afentra plc signed a Heads of Terms agreement with Angola's National Agency of Petroleum, Gas and Biofuels (ANPG) for the Risk Service Contract (RSC) for Block 3/24 offshore Angola. Block 3/24 is ...

Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission has revealed. This is despite its growing ...

A prominent Nigerian-led energy company, Walcot Group has signed a Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG) to operate oil blocks. The ...