Atlas Oranto Drives Shallow-Water Exploration Offshore Senegal

Since discovering commercial hydrocarbon reserves in 2014, Senegal has emerged as a regional exploration hotspot within the MSGBC Basin and continent at-large. Today, the West African nation is home to … Read More

Rhino Resources Acquires two offshore blocks in East Africa

Rhino Resources has announced it has expanded its African footprint with the recent acquisition of two offshore blocks in East Africa in the Comoros territorial waters. The two offshore blocks … Read More

CAMAC Energy to Acquire 3D Seismic Offshore Gambia

[twitter-follow screen_name=’oilnewskenya’] CAMAC Energy has announced that its wholly owned subsidiary, CAMAC Energy Gambia Ltd has awarded a contract for the acquisition of a 3D seismic survey to Polarcus Limited covering approximately … Read More

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More