Continental Focus, International Reach

Algeria Courts Russian Firms

Algeria is courting Russian firms Gazprom and Lukoil in an effort to get them to participate in exploration and development of resources in the North African country. According to Gazprom, Algerian authorities have asked the two firms to tender for the joint development and exploration of some of the 30 fields. The invitation to participate […]

February 20, 2014 Read More

Dana G Picks Up More Egyptian Acreage

Dana Gas picked up a new concession in Egypt with the signing of an agreement with the government. The block, the North El Arish (B agreement for the North El Arish Block 6) Concession Area in the eastern Nile Delta, is the company’s first offshore block in Egypt. The 2,980 sq km block was awarded […]

February 19, 2014 Read More

Shell Lands in Namibia Ready to Drill

News out of Namibia has major oil and gas company Royal Dutch Shell ready to drill offshore the country, according to the country’s Minister of Mines and Energy Isak Katali. Shell has taken over exploration blocks 2913A and 2914B in the Orange Basin from Signet Petroleum, acquiring a 90% stake in the two blocks. It […]

February 18, 2014 Read More