Muanda International Oil Company (MIOC), Perenco’s offshore DRC subsidiary, has made an oil discovery during its drilling campaign off the coast of the Democratic Republic of Congo (DRC), which is said to be the first offshore exploration success in the African country in nearly three decades.
UK-headquartered oil and gas company Trident Energy has expanded its footprint on Africa’s oil and gas scene by inking strategic agreements with two oil majors, the U.S.-based Chevron and France’s TotalEnergies, which enable it to get its hands on offshore acreage in the Republic of Congo.