Exploration DealsEgypt: Egypt has recently signed nine new exploration agreements valued at approximately one billion dollars with both local and international companies, in a bid to boost domestic exploration activities. In May 2019, South Africa signed an exploration deal with the South Sudanese Government to fast-track exploration and development. South Africa: With sizeable discoveries made by Total in the Brulpadda field offshore South Africa, exploration activities have increased dramatically in the Outeniqua Basin. This represents the second exploratory well on deep-water Block 11B/12B offshore South Africa. Upcoming Licensing RoundsSomalia: Somalia represents one of the few remaining frontier landscapes, with only two exploration wells offshore to date.

Source: The North Africa Journal January 13, 2021 07:33 UTC