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The Petroleum Agency of South Africa (PASA) is offering acreage in the Orange Basin Deep Water Area, off the west coast, and the Tugela licence area, off the east coast, in a licensing round aimed at kick-starting long delayed deep-water exploration.

DR CONGO: EnerGulf signs JOA for Lotshi; EGYPT: El Paso in asset swap with RWE; MOROCCO: Circle makes new gas find; UGANDA: Heritage considers rail/barge options; UGANDA: Global farm-in approved

Sharjah-based Dana Gas has made its second gas discovery of the year in the West Manzala concession in the Nile Delta (AE 154/17).

CETCO: New entrant in Libyan oilfield service sector; SEABIRD: Agbami survey contract

BP has completed its 2008 drilling campaign in the West Nile Delta with a gas find from the Ruby-3 (Ji 50-2) exploration well in the offshore West Mediterranean Deep Water concession.

Anadarko Petroleum Corporation expects to book some reserves from Ghana’s Jubilee field this year. Chairman and CEO Jim Hackett told analysts in a conference call on 3 February that it was not yet possible to narrow the range of estimated recoverable resources from 600m-1.8bn bbls at the Tullow Oil-operated field (AE 155/15).

FMC contract; Oil hopes from Sapetro drilling; Songa Saturn to transfer; FAR takes over; Mihambia well spuds

A look at the Gulf oil investors and companies investing in Africa

The government has cancelled the award of two deep-water oil blocks to a South Korean consortium claiming that the group failed to make the necessary payments.

ADDAX: Onshore Nigeria find; PROSAFE: Drilling FPSO heads for Murphy’s CONGO-B field; ROC OIL/MAREX: Mozambique Channel block; PERENCO: Gabon find

Petroceltic International has signed a rig contract with KCA Deutag for a seven-well drilling and testing programme on the Isarene permit. The contract for the new Nomad class drilling rig T-212 follows a letter of intent announced in November.

Big oil companies like BP and Royal Dutch Shell are taking a long-term view of the current low oil price, vowing to maintain capital expenditure even if it means increasing borrowing. The good news is that major projects in Angola, Nigeria and other key locations are set to continue despite the credit crunch.

Operator BG Group and Gulf Keystone Petroleum (GKP) have completed first prospecting period work commitments at the Hassi Ba Hamou (HBH) permit in the Bechar Basin, following a successful testing of a sixth well.

As the deadline for solving the toughest challenges of Sudan’s peace agreement looms, both north and south are facing sharp falls in oil income, writes Thalia Griffiths.

Oando Exploration and Production Ltd has announced the payment of $197m to Agip for a 15% stake in OML 125 and OML 134, which it said made it the first indigenous company to participate in a producing deep offshore oil block.