PetroSA and Rosgeo[logia] are reportedly finalising a USD 359 MM deal under which a Russian company gets an upstream foothold off South Africa. The deal, talked about for over 2 years, is for block 9/11A, Rosgeo seeking 70%. Plans could include G&G and up to 6 explo/appr wells.   Meanwhile Equinor is also looking to acquire interests in west offshore block 5/6/7 (Anadarko / Oxy) + 2C (PetroSA).
PetroSA and Rosgeo[logia] are reportedly finalising a US$359 MM deal under which a Russian company gets an upstream foothold off S Africa. The deal, talked about for over 2 years, is for block Block 9 (E-CN Prospect Area), Rosgeo seeking 70%.