30-10-2014 23:52:00 | by: Default Admin User | hits: 4465503 | Tags:

[Ghana] GE Oil & Gas opens new facility in Takoradi Port
22-03-2017 | 15:53:34
GE Oil & Gas opened a new facility in Takoradi Port, Ghana today, expanding its global footprint and supporting local investment.
[Egypt] SDX Energy commences drilling at South Disouq
22-03-2017 | 09:37:00
SDX Energy, the North Africa focused oil and gas company, has announced the commencement of drilling operations on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt.
[Nigeria] NNPC to Generate 4,000 Megawatts Power
21-03-2017 | 11:28:00
The Nigerian National Petroleum Corporation, NNPC will generate about 4, 000 megawatts of power in the next ten years to boost the supply in the country.
South Sudan and Equatorial Guinea in historic collaboration on oil and gas
21-03-2017 | 06:30:00
South Sudan and Equatorial Guinea announced an historic partnership today in Juba, setting out the terms for a strong bilateral relationship between the African oil and gas producers.
[Nigeria] NNPC Moves to Recover N11bn Missing Petrol from Capital Oil
20-03-2017 | 09:24:00
The Nigerian National Petroleum Corporation (NNPC) on Friday announced measures to achieve full recovery of over 130 million litres of Premium Motor Spirit (PMS), also known as petrol, stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & Gas Limited.
Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in one year
10-03-2017 | 12:34:55
Integrated energy group Aiteo has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29.
Nigeria Targets 10 per cent Global LNG Sales
07-03-2017 | 10:27:07
Nigeria is set to capture at least 10 per cent of the global market share of Liquefied Natural Gas, LNG, as part of the concerted efforts to harness the nation’s gas resources which currently stand at 192 Trillion Cubic Feet of proven reserve.
Oranto launches $500 million oil exploration campaign in South Sudan
06-03-2017 | 16:00:34
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block in Juba.
[Nigeria] NPDC’s Daily Crude Oil Production to Rise to half a million bpd
06-03-2017 | 09:34:44
The Nigerian National Petroleum Corporation, NNPC has expressed its commitment to grow the Nigerian Petroleum Development Company’s, NPDC, crude oil production to 500,000 barrels per day by 2020.
Africa industrial valves market to surpass $4 billion by 2021, research
02-03-2017 | 16:34:04
Recovering oil & gas sector and growing focus towards industrial expansion by various countries in the region will drive demand for industrial valves in Africa through 2021.
[Nigeria] NNPC Achieves 71 Per Cent Savings in Deep Offshore Rig-rate
27-02-2017 | 10:09:06
The Nigerian National Petroleum Corporation has renegotiated its deep offshore rig-rate from a staggering $580,000 to $164,000 per day, saving the country a 71.7 per cent cost of executing a similar operation in the past.
[Angola] Chevron commits to invest in liquefied natural gas project
23-02-2017 | 10:15:00
Chevron, one of the world's largest energy companies, has pledged to continue investing in the production project of Liquefied Natural Gas (LNG) based in Soyo, northern Zaire province according to its deputy Executive chairperson, Jay Johnson.
19 Nigerian academics conduct research in Shell sabbatical program
21-02-2017 | 11:32:55
A total of 19 academics from different universities in Nigeria have begun research attachments in several fields of study in the latest phase of the sabbatical and internship programme of The Shell Petroleum Development Company Nigeria Limited (SPDC) Joint Venture, which was introduced in 1980.
[Kenya] Hashi Energy to sell its Tanzania retail business to Lake Oil Limited
21-02-2017 | 06:33:00
Oil marketing company Hashi Energy has announced plans to offload its petrol stations in Tanzania to Lake Oil Limited after a nod from the Competition Authority of Kenya.
[Nigeria] NNPC Records Massive Reduction in Pipeline Vandalism
20-02-2017 | 11:00:00
The Nigerian National Petroleum Corporation (NNPC) recorded a marked reduction in the cases of pipeline sabotage.
Bowmans grows Oil & Gas offering with key partner appointment
17-02-2017 | 10:00:49
Leading pan-African law firm, Bowmans, has appointed London-based lawyer, Nicolas Bonnefoy, as a partner in its Oil & Gas Sector Group.
[Nigeria] NNPC Announces Measures to Sustain Products Supply Nationwide
14-02-2017 | 15:18:00
The Nigerian National Petroleum Corporation has announced elaborate measures to sustain supply of Premium Motor Spirit, (petrol), Automotive Gas Oil, diesel, and Dual Purpose Kerosene, DPK, otherwise called kerosene, nationwide.
Egypt pays Italy's Eni $630 mln for Zohr gas field development
13-02-2017 | 09:55:00
The Central Bank of Egypt (CBE) said on Tuesday it has paid the government’s financial obligation to Italian energy company Eni for the development of the giant Zohr gas field discovered off the Mediterranean coast in 2015.
Engie commits to West African Renewables and access power launch $7m competition
13-02-2017 | 09:03:00
The first part of the agreement between ENGIE and ANER involves the development of solar energy for individuals in multi-occupancy or individual housing.
[Nigeria] NNPC to implement BUFA, a framework aimed at efficiency, profitability
09-02-2017 | 09:33:00
The Nigerian National Petroleum Corporation is set to implement a lead policy framework, the 12 Business Focus Areas (BUFA), aimed at institutionalizing efficiency, profitability and growth in the Corporation.
[Kenya] GL Africa Energy wins $375 million tender to build gas plant in Mozambique
06-02-2017 | 15:10:00
A UK based company established by a Kenyan entrepreneur, GL Africa Energy, has been awarded a $375 million tender to build and operate a 250 megawatt gas-powered plant in Mozambique
Egypt to finalise oil import deal with Iraq in February
06-02-2017 | 12:30:00
Head of Egypt's state oil company EGPC Tarek El-Hadidi said an Egyptian delegation will visit Iraq this month to finalise a crude oil import deal.
Republic of Congo to receive $250 million Afreximbank support for oil fields strategic plan
06-02-2017 | 12:15:00
The African Export-Import Bank (Afreximbank) and the Government of the Republic of Congo have signed a facility agreement under which the Bank will provide $250 million in future flow pre-financing to meet the Government’s strategic plan for its oil fields.
[Nigeria] 128 Companies Bid for NNPC DSDP Crude Import Program
06-02-2017 | 10:00:00
No fewer than 128 Indigenous and International Oil and Gas companies have indicated interest to participate in the Nigerian National Petroleum Corporation’s (NNPC) Direct Sale of Crude Oil and Direct Purchase of Products (DSDP) program.