LEKOIL, oil and gas exploration and production company with a focus on Nigeria and Africa, announced it has entered into a Strategic Alliance Agreement with NAMCOR, through its subsidiary, LEKOIL Namibia.
Total’s second discovery in South Africa promises gas-led recovery for Southern Africa, Energy Chamber
While anticipated, Total’s second significant gas condensate discovery announced in South Africa is nonetheless reason to rejoice after a year of deep uncertainty and struggles for the African energy sector.
No, energy transition does not mean a total ban on fossil fuels. In simple terms, energy transition refers to a shift from fossil fuels to cleaner forms of energy.
Chariot Oil & Gas receives EOI for provision of development debt finance for Anchois gas discovery offshore Morocco
Chariot Oil & Gas has received a non-binding Expression of Interest Letter from Africa Finance Corporation for the provision of development debt finance for the Anchois Gas Discovery, offshore Morocco.
Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa.
Impact acquires 100% interest in Transkei & Algoa, Tugela South exploration rights offshore South Africa
Impact Oil & Gas announced its wholly-owned subsidiary, Impact Africa, has received approval from the Government of South Africa to take forward the Transkei & Algoa Exploration Right and the Tugela South Exploration Right, offshore South Africa.
FuelEx Eswatini, $6-million petroleum distribution company has been launched by Eswatini’s Minister of Commerce, Industry and Trade, H.E. Manqoba Khumalo.
Panoro Energy announced that the Guebiba 10 sidetrack well located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services concession has been successfully drilled and completed.
Tlou Energy is currently seeking funding for development of the Lesedi power project in Botswana.
bp announced the start of gas production from its latest development offshore Egypt, the Qattameya gas field in the North Damietta offshore concession.
Apex Industries, an oil and gas conglomerate based in Equatorial Guinea and headed by Don Leoncio Amada Nze has entered into a 5 year Funding Partnership Agreement with the National University of Equatorial Guinea.
UK-based operator Assala Energy announced it will spend $24 million to modernize Gabon’s Gamba export infrastructure in the south of the country.
Dana Gas announced it has entered into a binding agreement with IPR Wastani Petroleum, a member of the IPR Energy Group (IPR) for the sale of its onshore Egyptian producing oil and gas assets for a consideration of up to $236 million.
Kinetiko Energy announced that Afro Energy has received approval to produce an amount of gas annually for a 2 year period from the Amersfoort Project exploration rights ER56 and ER38 by the Minister for Mineral Resources (DMR), South Africa.
Tullow Oil announced the Government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment of the sale of Tullow’s Ugandan assets to Total.
Aminex has announced the completion of the Ruvuma farm-out through its wholly owned subsidiary, Ndovu Resources, transferring 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum Tanzania Limited.
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.
TGS, provider of multi-client geoscience data for exploration and production companies announced the recommencement of the geochemical coring project offshore Nigeria.
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by attracting more investment.
Maersk Drilling has been awarded a three-well contract from Total E&P Angola for the 7th generation drillship Maersk Voyager which will be employed to drill development wells in Angola’s Block 17.
Neptune Energy announced it will adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and significantly reduce non-productive time.
TDI-Brooks International together with the French environmental firm Créocéan and Benthic Solutions, has completed an Environmental Baseline Studies for TOTAL E&P Côte d’Ivoire, Ivory Coast.
Much ink, and oil, has already been spilled about Mauritius having to deal with an ecological catastrophe. A few weeks before, everything was operating at leisurely speed on the south-east of Mauritius.
For far too long, descriptions of Mozambique have contained some variation of the following: Mozambique one of the poorest Least Developed Countries in the world faces endemic droughts, floods and widespread poverty.
A joint venture between Saipem and McDermott selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors for the Mozambique LNG Project.
Africa Energy, Canadian oil and gas company with exploration assets offshore South Africa and Namibia received approval from the shareholders for a transaction through which it will increase its effective interest in Block 11B/12B offshore South Africa.
Polarcus, geophysical service provider of safe and environmentally responsible marine acquisition services announced a letter of award has been received for 3D seismic data acquisition services in West Africa.
Moroccan focused upstream gas company Sound Energy announced due to further disruption caused by the impact of the COVID-19 pandemic, ONHYM has approved a 24 month extension to the initial period of the Sidi Moktar Permits.
Disruptions to crude oil and condensate production from members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have risen considerably since last year.
Economic growth will fall this year across west and central Africa due to the effects of the coronavirus pandemic, with the fortunes of major oil producing nations set to decline, according to a report from the World Bank.
Mozambique and Germany have a special relationship, that was formalised when the German Democratic Republic established diplomatic relationships with the then newly independent Republic of Mozambique in 1975.
The 2020 OPEC World Oil Outlook has been launched providing the OPEC Secretariat’s in-depth look at the unprecedented scale and impact of the COVID-19 pandemic on the global energy and oil markets.
Accumulated oil production at the FPSO Grande Plutónio in Block 18, in the deep waters of the Angolan offshore, operated by the multinational BP, has reached 600 million barrels in the last few days
VAALCO Energy announced that in connection with planning for future drilling programs at the Etame Marin block offshore Gabon, it will begin acquiring and processing new 3D seismic data in the fourth quarter of 2020.
Africa focused oil and gas exploration group Bowleven announced that together with its joint venture (JV) partners, continue to make good progress on the Etinde development, offshore Cameroon.
Angola national fuel company Sonangol has set its eyes on 2021 to start the construction of a center for scientific research and innovation.
Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services (ICTSI) has started commercial operations at the Multi-Purpose Terminal of the Port of Kribi in Cameroon.
The first team of Russia’s state-owned joint stock company Rosgeo arrived in Equatorial Guinea to kick off a historic geological mapping project.
Shell Nigeria Gas (SNG) is to facilitate domestic gas infrastructure development in Oyo State following the signing of a Memorandum of Understanding with the state government.
The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas.
Egypt has signed $934 million across eight exploration and research agreements, following a push to attract new entrants to develop its burgeoning gas market.
On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation.
Global demand for oil is likely to peak around 2030, as the world recovers from the impact of COVID-19.
BW Energy plans to develop an innovative converted jack-up rig system, aiming to exploit the Hibiscus/Ruche discoveries in the Dussafu field offshore Gabon.
General Electric (GE) announced the successful rehabilitation of three 9E.03 gas turbines, at three Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria.
The Egyptian Ministry of Petroleum and Mineral Resources has hosted the signing ceremony of the statute of East Mediterranean Gas Forum (EMGF), establishing it as a regional intergovernmental organization, based in Cairo.
The absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.
[Column] NJ Ayuk: Mozambique LNG project could be transformational for Mozambique if western environmentalists don’t interfere
When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20 billion liquified natural gas (LNG) plant in Mozambique, this was major news.
Australian listed oil and gas exploration company Invictus plans to begin drilling Zimbabwe’s first oil and gas wells in the Muzarabani prospect in October next year.
PetroNor announced that the company has reached a mutual agreement with the Government of The Gambia to settle its arbitration related to the A1 and A4 licenses.
The Board of Directors of the African Development Bank has approved a $500,000 emergency assistance grant to support international recovery efforts after a significant oil spill earlier this year off the coast of Mauritius.
The Sonatrach Group has renewed, for a period of three years, the agreement binding it to the National Agency for the Promotion and Rationalization of the Use of Energy (APRUE).
Sapura Energy Berhad, a global integrated oil and gas services and solutions provider, has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola.
The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians.
Eni and British gas company BP have announced a new gas discovery in the "Great Nooros Area", located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.
Algeria’s national hydrocarbons company, Sonatrach, signed six contracts worth approximately $521 million with its subsidiaries as well as other Algerian companies within the framework of the development of gas and oil fields in the west of the country.
Natural gas projects in Africa are Key to global energy transition, reducing emissions and powering industrialisation
Natural gas is an integral part of the global energy story accounting for 25% of the global energy that is consumed. With a total proven natural gas resource estimated to be about 600 trillion CFT, the opportunities for natural gas in Africa are enormous.
The Nigerian National Petroleum Corporation (NNPC) has acquired an estimated $1 billion worth of crude oil funding which will be used as a prepayment fund for the upstream operations of the Nigerian Petroleum Development Company (NPDC).
Air Products, the global provider of liquefied natural gas technology and equipment,says it will be providing four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach's LNG facility in Algeria.
Zenith Energy signed a conditional sale and purchase agreement with CNPC International Tunisia, for the acquisition of working interests in the North Kairouan permit and Sidi El Kilani concession.
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil from an incident at its facility in Nun River in Angiama area
The Ministers’ Council of the Democratic Republic of Congo (DRC) has approved Perenco’s proposition to launch an electricity production project in the country.
Ramform Sovereign has completed a large acquisition project offshore Angola using multisensor GeoStreamer technology.
Kosmos Energy has entered into an agreement with Shell to farm down interests in a portfolio of frontier exploration assets for approximately $100 million, plus future contingent payments of up to $100 million.
National hydrocarbons company Sonatrach has signed contracts totaling 67 billion dinars with its subsidiaries as well as other Algerian companies as part of the development of gas and oil fields in The west of the country.
Woodside Energy has entered into a binding sale and purchase agreement to acquire Cairn Energy's entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
Chariot Oil & Gas, the Atlantic margins focused energy company, announces that it has completed the reprocessing of 3D seismic data across the Lixus Offshore Licence, Morocco.
Angola’s oil tax revenues rose to 208 billion Angolan Kwanzas in July 2020, reflecting a 3.2% increase from the previous month, according to data released by the Special Taxation Directorate of the General Tax Administration (AGT).
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports.
Kariya Energy to acquire oil and gas assets in Africa, targets producing assets and developing small-scale LNG
North American Kariya Energy announced it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.
Centurion Law Group announced the launch and opening of its lawyers-on-demand service CenturionPlus in Mozambique.
Africa Oil & Power, AOP, has appointed Renée Montez-Avinir as its new Managing Director.
The U.S. Trade and Development Agency (USTDA) announced grant funding for a feasibility study to develop Senegal’s first major domestic onshore gas pipeline.
The United Bank for Africa Plc (UBA) has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation.
Perth-based FAR announced it will not pre-empt the transaction or object the transfer of Cairn Energy’s working interest in the Rufisque Offshore, Sangomar Offshore, Sangomar Deep Offshore (RSSD) area.
PraxisIFM has been supporting relief efforts in Mauritius following bulk carrier MV Wakashio oil spill, which the Government of Mauritius has declared an environmental emergency.
Often close to world shipping lanes, small island and coastal nations are at particular risk from oil spills.
Shearwater GeoServices announced it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania.
Polarcus announced the award of an XArray 3D marine seismic acquisition project in West Africa commencing in October 2020 with a duration of approximately 2 months.
The government of South Sudan is seeking to greatly change the way it markets its oil in order to boost revenues and make the process more transparent.
French major Total and Mozambique’s government signed a security pact to ensure safety of the $20 billion Mozambique LNG project being developed in the Cabo Delgado province, north of the country.
Africa Energy, oil and gas company with exploration assets offshore South Africa and Namibia announced the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%.
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to boost delivery of gas to the domestic market.
DeepTech Oil Services announced the successful completion of a break through intervention project delivered in the Zohr gas field in the Egyptian sector of the Mediterranean Sea for Eni and the EGPC.
Qatar Petroleum entered into a farm-in agreement with Sonangol, the national oil company of Angola, and Total to acquire a 30% participating interest in Block 48, located in the ultra-deep waters offshore Angola.
The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over 65 extractives companies.
The first-ever Nigeria Oil, Gas & Power (NOGP) Conference & Exhibition is set for 26-27 October 2021 in Lagos and will focus on the path forward for Africa’s largest economy post COVID-19.
The Federal Government of Nigeria commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers.
Nigerian integrated oilfield services provider, RusselSmith has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company to introduce a range of autonomous subsea robotic technologies to the Nigerian market.
CPTDC has been awarded a contract to design, supply, install and commission natural gas compressors for exploration company Orca Energy, to be used in the company’s Songas facility, on Songo Songo Island in Tanzania.
Angolan service provider Sonamet has completed factory acceptance tests on all flowline structures for Total’s Zinia field Phase 2 development.
[Column] Leoncio Amada: Economic recovery must go through a reform of forex regulations in Central Africa
The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet.
Siemens Energy has signed a long-term preventive maintenance contract with the Egyptian Ethylene and Derivatives Company (ETHYDCO), for its industrial complex in Alexandria, Egypt.
Woodside Petroleum has given notice exercising its right to pre-empt the sale by Cairn to Lukoil of Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore joint venture.
Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons producers.
TGS announced it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey together with magnetic and Lidar data in Egypt.
[Column] C. Derek Campbell: Stakeholders engagement and security will be key to ensure success of Mozambique’s LNG projects
The scale and enormous economic potential of Mozambique’s LNG projects constitutes a seminal effort with national, regional and global implications and visibility.
Africa Energy announced it expects to commence an extremely active and potentially transformational period with spud of the Luiperd-1 well on Block 11B/12B offshore South Africa, where it holds an effective 4.9% interest.
Total Ghana and Star Assurance have collaborated in putting together an enhanced loyalty scheme aimed at rewarding mutual clients in the transport sector.