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30-10-2014 22:52:00 | by: Administrator | hits: 14249820 | Tags:

Mauritania rolls out the welcome mat to investors with new iGuide
18-12-2018 | 11:31:53
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.
Angola joins the forum of gas exporting countries
17-12-2018 | 10:52:43
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries.
[Mauritania] Government awards Total two oil exploration and production contracts
14-12-2018 | 09:05:00
Mauritania government has awarded Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania.
Qatar Petroleum marks its first entry into the Republic of Mozambique
13-12-2018 | 08:36:28
Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Republic of Mozambique.
Eni discovers new oil offshore Angola
13-12-2018 | 07:11:00
Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
Kenyan private sector completes one year of growth, Stanbic Bank report
11-12-2018 | 09:32:00
According to a report released by Stanbic Kenya PMI, operating conditions in Kenya’s private sector economy improved solidly in November, although the rates of growth in output and new orders were marginally below those seen in October.
[Nigeria] NNPC accelerates agreements with bulk purchase marketers
10-12-2018 | 10:18:58
The Nigerian National Petroleum Corporation has fast-tracked agreements with bulk purchase marketers in the country
Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession
10-12-2018 | 10:09:57
The sale of a 20% participating interest to Mubadala Petroleum and a 25% participating interest to BP in the Nour North Sinai Offshore concession, Egypt, have today been approved by the Egyptian Government.
[Nigeria] NNPC, NCDMB to grow Nigerian content to 70% by 2027
06-12-2018 | 09:40:00
The Nigerian National Petroleum Corporation and the Nigerian Content Development and Monitoring Board have committed to growing Local Content in the Oil and Gas Industry from the current 40 per cent to 70 per cent by 2027.
Egypt, Israel announce $15 billion gas export deal
06-12-2018 | 07:23:09
A $15 billion deal has been announced between Israel and Egypt to export natural gas.
OFID invests $50 million to support Egypt purchase gas, petroleum products
05-12-2018 | 11:20:36
The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas.
[Nigeria] Sirius Petroleum acquires 75% shareholding in Precision Energy
04-12-2018 | 12:40:00
Sirius Petroleum, the Nigeria-focused oil and gas development and production company, has entered into a conditional sale and purchase agreement with Precision Energy Group (“PEG”) to acquire a 75% shareholding.
[Nigeria] NNPC most transparent government organization, Managing Director
04-12-2018 | 11:41:00
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has described the national oil company as the most open and transparent government-owned corporate entity.
[Nigeria] Shell signs gas supply agreement for Aba Power Project
04-12-2018 | 09:38:00
The Shell Petroleum Development Company of Nigeria and its joint partners have signed a gas supply and aggregation agreement that will support the 140 Megawatts Aba Integrated Power Project in Abia State.
[Algeria] Eni and Sonatrach inaugurate10 MW solar plant
26-11-2018 | 06:13:00
The Chairman and General Director of Algerian state company Sonatrach, Abdelmoumen Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have inaugurated a 10 MW solar plant in Bir Rebaa North in Algeria.
Angola mulls liberalizing petroleum products import market
23-11-2018 | 08:34:00
The oil sector will soon liberalize, in its entirety, the market for importing petroleum products into the country to oil companies interested in the business.
Total inaugurates Kaombo oil project In Angola
20-11-2018 | 08:05:00
The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior and the Chairman and CEO of Total have inaugurated the Kaombo project.
Endeavor Management and Centurion Law Firm enter strategic alliance
19-11-2018 | 10:05:00
Endeavor Management, a Houston based international oil and gas management consulting and business advisory firm, has announced a Strategic Alliance with Centurion Law Firm a Pan-African legal and business advisory group.
[Nigeria] Eni, FAO commission water well for IDPs in Abuja
19-11-2018 | 10:02:00
Eni and the Food and Agriculture Organization of the United Nations have commissioned a model solar powered borehole for the Internally Displaced Persons in Waru, Abuja.
Air Products and Sonatrach announce industrial gases agreements in Algeria
16-11-2018 | 13:02:00
Air Products global industrial gas company, and Sonatrach, the largest state-owned oil and gas company in Africa, have signed two gas production and delivery agreements.
[Egypt] Eni sells 20% stake in Nour North Sinai Offshore concession to Mubadala Petroleum
12-11-2018 | 10:48:00
The CEO of Petroleum & Petrochemicals, Mubadala Investment Company, Musabbeh Al Kaabi, and the CEO of Eni, Claudio Descalzi, have today signed an agreement for the sale of a 20% participating interest to Mubadala Petroleum.
[Tunisia] Panoro Energy signs drilling deal with state contractor
09-11-2018 | 06:10:00
Panoro Tunisia Exploration has signed a Heads of Terms with Tunisian state-owned drilling contractor, for the use of the CTF-4, a 2,000-horsepower onshore rig.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
08-11-2018 | 21:20:00
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
Africa Oil, Delonex And Vitol to acquire 50 percent stake in Petrobas Oil Nigeria assets
08-11-2018 | 14:08:00
A consortium led by Vitol has entered into a Share Purchase Agreement to acquire a 50 per cent ownership interest in Petrobras Oil and Gas.
[Nigeria] NNPC records crude oil and gas export sale of $470m in August
08-11-2018 | 08:57:00
The Nigerian National Petroleum Corporation has said that crude oil and gas export sale by the corporation in August 2018 was $470million, indicating an upsurge of about $78million in relation to July oil and gas export figures of $391.91million.
KenolKobil to acquire 33 retail outlets from Delta Uganda and Rwanda
08-11-2018 | 06:46:16
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.
Greenpeace Africa exposes Congo’s attempts to tender three oil blocks in peatlands
07-11-2018 | 13:31:41
Greenpeace Africa has blown the whistle on the Republic of Congo's most recent greenwashing campaign by exposing its plans to tender three oil blocks in the heart of newly-discovered peatlands.
Outlook for Africa’s oil & gas industry improves - PwC report
06-11-2018 | 12:01:00
The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to be more cost-effective and efficient.
[Nigeria] Natural gas production up 8%
06-11-2018 | 09:27:00
A total of 230.35Billion Cubic Feet of natural gas was produced in the country in July 2018, averaging a daily production of 7,678.17Million Standard Cubic Feet, NNPC Monthly Financial and Operations report for July 2018 has stated.
GEL Utility signs multiyear services agreement with GE to Power Nigeria’s largest oil refinery
06-11-2018 | 08:47:00
GE’s Power Services has signed a multiyear service agreement with GEL Utility Limited to support the power generation requirements of the Nigerian National Petroleum Corporation’s wholly owned subsidiary.
[Nigeria] NNPC signs DSDP agreement with UK's BP Oil
05-11-2018 | 07:20:00
The Nigerian National Petroleum Corporation has signed a six-month Direct Sale-Direct Purchase (DSDP) agreement with the British Petroleum’s trading arm, BP Oil International, for the supply of Premium Motor Spirit, also known as petrol.
Oando Nigeria posts N10.4b profit-after-tax for Q1, Q2, Q3 2018
01-11-2018 | 10:35:00
Oando has announced unaudited results for the nine months period ended September 30, 2018.
[Nigeria] NNPC subsidiary, NIDAS, returns to global oil shipping market
01-11-2018 | 09:17:00
The Nigerian National Petroleum Corporation (NNPC) has announced the re-entry of its subsidiary, NIDAS Shipping Services, into the international shipment of crude oil and petroleum products
[Nigeria] Russia, UAE partner NNPC for oil, gas development
01-11-2018 | 07:11:00
The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation in the upstream, midstream, downstream and services sectors to further boost their various economies.
[Nigeria] Oranto Petroleum inks agreement, prepares to enter Niger Republic
30-10-2018 | 11:43:00
Nigeria-based Oranto Petroleum has signed a Memorandum of Understanding with the Ministry Petroleum of the Republic of Niger.
[Kenya] CMA launches investigation over KenolKobil PLC take over transaction
30-10-2018 | 07:31:13
The Capital Markets Authority (CMA) has received a Notice of Intention by Rubis Énergie to make a cash offer (the “Offer”) to acquire 100% of the ordinary share capital of KenolKobil Plc.
Eni and Total partner with Sonatrach for offshore exploration in Algeria
29-10-2018 | 12:40:00
Sonatrach, Eni and Total have today signed two agreements during the Algeria Future Energy Summit in Algiers, which include an exclusive partnership for offshore exploration in Algeria.
[Nigeria] NPDC achieves 100% local content input in developing gas handling facility
29-10-2018 | 05:41:00
The Nigerian Petroleum Development Company, an Upstream Subsidiary of the Nigerian National Petroleum Corporation, has achieved a 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility.
[Angola] Maurel & Prom to acquire 20 per cent stake in two AJOCO oil blocks
24-10-2018 | 11:13:00
International oil company Etablissements Maurel & Prom has announced the signature of a sale and purchase agreement for the acquisition of the 20 per cent working interest owned by Angola Japan Oil Co., Ltd.
Eni acquires new exploration rights in Mozambique
18-10-2018 | 05:08:00
Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo.
[Nigeria] NNPC launches virtual gas pipeline system
16-10-2018 | 12:00:00
A major stride in the drive for optimization of the nation’s vast gas resources has been recorded with the execution of a novel contract between the Nigerian National Petroleum Corporation and a private firm for the activation of virtual gas pipeline network for power generation.
BP awards KBR FEED contract for Tortue project in Senegal
16-10-2018 | 11:22:33
American engineering and construction company KBR, Inc. has announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub on the maritime border between Senegal and Mauritania.
[Nigeria] NCDMB partners Dangote on local content implementation
15-10-2018 | 07:24:00
Nigerian Content Development and Monitoring Board has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises over its adherence to the local content law in the execution of its projects.
Poland buys Nigerian crude oil
15-10-2018 | 06:47:00
Polish oil refiner PKN Orlen expects to receive a first ever shipment of Nigerian crude oil next month, its CEO said, as Poland seeks to reduce its reliance on Russian supplies.
[Nigeria Business Week] Calling for free-trade, efficient energy
11-10-2018 | 12:34:00
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
[Namibia] Azinam announces results of the Prospect S Well offshore
11-10-2018 | 09:10:00
Azinam Group Limited, the Seacrest Capital-backed South West African oil exploration company, announces that the Prospect S Well in Petroleum Licence (PEL) 71 offshore Namibia, was safely drilled.
[Nigeria] Sirius Petroleum secures rig for Ororo field
10-10-2018 | 11:51:00
Sirius Petroleum has announced that it has decided, by mutual agreement with COSL, to abrogate its agreement with COSL for the supply of a jack-up rig for the drilling programme on the Ororo field, OML 95.
Total And Sonatrach strengthen cooperation In Algeria
10-10-2018 | 10:45:00
Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017.
Modest rebound continues in Middle East and North Africa (MENA)
09-10-2018 | 11:38:42
Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to a new World Bank report.
Eni, BP and NOC sign deal to resume Libyan oil exploration
09-10-2018 | 09:46:00
National Oil Corporation Chairman, Mustafa Sanalla, BP Group Chief Executive, Bob Dudley, and Eni CEO, Claudio Descalzi, have signed a Letter of Intent (LOI) in London which will launch the process for Eni to acquire a 42.5% stake in BP’s Exploration and Production Sharing Agreement in Libya.
Aker Solutions to provide brownfield services for BP in Angola
09-10-2018 | 06:10:00
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.
[Morocco] Vivo Energy renews deal with Injaz Al Maghrib Association
08-10-2018 | 09:28:00
Vivo Energy Maroc and Butagaz brand Liquefied Petroleum Gas, have announced the renewal of its partnership with the Injaz Al Maghrib association during a commitment session to the volunteer program.
[Nigeria] Oil and gas export sales up 35% to $416m
08-10-2018 | 06:00:00
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month.
[Nigeria] NNPC records N18.12bn monthly trading surplus
02-10-2018 | 07:52:00
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12bn for the month of May, 2018, a performance which is relatively higher than the trading surplus of N17.16bn recorded in the preceding month.
Vivo Energy restructures Engen acquisition, eyes more Africa countries
02-10-2018 | 07:00:26
Vivo Energy Plc has reached an agreement with Engen Holdings Limited to restructure the acquisition of Engen International Holdings Mauritius Limited by Vivo Energy’s subsidiary, Vivo Energy Investments B.V.
[Nigeria] NNPC commences healthcare venture to curtail medical tourism
01-10-2018 | 06:14:00
The Nigerian National Petroleum Corporation has teed-off a major national healthcare intervention project designed to halt medical tourism to foreign destinations through the provision of state-of-the-art hospitals and diagnostic centres across the country.
Noble Energy in deal to support gas delivery from Israel to Egypt
28-09-2018 | 08:30:00
Oil and gas exploration company Noble Energy, Inc. has announced that it has executed multiple agreements to support delivery of natural gas from the Leviathan and Tamar fields, offshore Israel, into Egypt.
Tullow Oil abandons Cormorant-1 Well exploration in Nambia
25-09-2018 | 06:46:00
Tullow Oil has announced that the Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well is being plugged and abandoned.
[Nigeria] NNPC records ₦17.16bn trading surplus, up 46%
24-09-2018 | 06:55:00
The Nigerian National Petroleum Corporation has consolidated on its operational performance with a trading surplus of ₦17.16bn in the month of April, 2018.
[Column] Five roots to Central Africa’s industrialization
17-09-2018 | 11:36:20
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
Egypt signs with international firms to explore for petroleum, gas
17-09-2018 | 06:44:00
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed on Saturday two deals with international firms to explore for petroleum and gas in two deep-water areas in the Mediterranean and the Western Desert.
[South Africa] Vivo Energy set to list on JSE All Share Index
14-09-2018 | 06:36:00
Vivo Energy plc, a pan-African retailer and marketer of Shell-branded fuels and lubricants, has announced that Vivo Energy will be included as a constituent of the FTSE 250 Index and the JSE All Share Index later this month.
[Namibia] Azinam acquires stake in two oil blocks
14-09-2018 | 06:31:40
Azinam Limited, the Seacrest Capital-backed South West African oil exploration company, has acquired a 40 per cent operating interest in Block 3B/4B and a 51 per cent operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa.
[Interview] Joe Gakuo, CEO, Oleum Holdings, Kenya
13-09-2018 | 11:55:00
Mr. Joe Watson Gakuo is the Chief Executive Officer of Oleum Holdings Limited, and the founder of Upstream Awards.
ITFC signs new financing agreements to support Egypt’s main sectors
11-09-2018 | 07:14:37
The International Islamic Trade Finance Corporation (ITFC) has signed two new Agreements between with the Government of the Arab Republic of Egypt.
[Nigeria] NNPC, China sign MoU on oilfield services, research & dev't
10-09-2018 | 06:44:00
The Nigerian National Petroleum Corporation has signed a Memorandum of Understanding in China with the China National Offshore Oil Corporation towards developing Nigeria’s oilfield services.
[Nigeria Business Week] Forging bonds at new levels, China bets higher
06-09-2018 | 20:46:00
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
Africa Energy begins oil drilling in offshore Namibia
06-09-2018 | 08:53:00
Africa Energy Corp, an oil and gas company with exploration assets offshore Namibia and South Africa has announce the initial drilling of the Cormorant-1 well on Petroleum Exploration License 37 offshore Namibia.
[Nigeria] NNPC, Chinese consortia sign MoUs on biofuels production
06-09-2018 | 06:15:00
The Nigerian National Petroleum Corporation has signed a Memorandum of Understanding in China with Nigerian-Chinese consortia towards developing sustainable biofuels in the country.
[Nigeria] China National Oil Co. guarantees NNPC’s AKK Project funding
04-09-2018 | 05:58:00
China National Petroleum Corporation has assured the Group MD of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, of its commitment towards securing funding for the execution of the Ajaokuta-Kaduna-Kano pipeline project.
Eni announces gas discovery in the Egyptian Western Desert
03-09-2018 | 09:36:00
Eni announces a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession.
[Nigeria] NNPC mulls setting up bunkering company
03-09-2018 | 07:57:00
​In a bid to consolidate its foothold on the shipping business in Nigeria and boost profitability, the Nigerian National Petroleum Corporation has unveiled plans to set up a subsidiary to provide refueling services to ships and other ocean-going vessels.
[Nigeria] NNPC set to establish 200,000bpd condensate refineries
30-08-2018 | 06:51:00
The Nigerian National Petroleum Corporation will establish two condensate refineries with a total refining capacity of 200,000 barrels per day at Western Forcados Area and Assah North Ohaji South Areas of Delta and Imo State respectively.
SDX Energy conducts successful gas test at South Egypt well
24-08-2018 | 12:53:04
North Africa focused oil and gas company SDX Energy Inc. has announced a successful production test at its SD-3X appraisal well at South Disouq, Egypt.
[Nigeria] Why multinationals, IOCs defy listing on NSE
23-08-2018 | 14:20:50
Efforts by the Nigerian Stock Exchange (NSE), to woo multinational companies in the telecoms, and oil and gas sectors to list on the nation’s bourse may continue to ‘hit a brick wall’.
[Tanzania] Swala Oil to list at the Stock Exchange of Mauritius
21-08-2018 | 13:45:00
The Stock Exchange of Mauritius has approved the listing of Swala Oil & Gas from Tanzania which will now see the listing of the company’s $50 million corporate bonds.
Shell Nigeria recovers spilled oil from Delta State
21-08-2018 | 06:18:00
The Shell Petroleum Development Company of Nigeria says it has recovered over 95 percent of spilled oil from the recent spill incidents on sections of the Trans Ramos Pipeline in Aghoro community, Bayelsa State, and in Odimodi community in Delta State.
[Nigeria] AKK gas project progresses under Contractor Financing Model
21-08-2018 | 06:10:00
The Nigerian National Petroleum Corporation has emphasized that the execution of the strategic Ajaokuta-Kaduna-Kano gas pipeline project is progressing under the original concept of 100 percent contractor financing model.
Eni granted new exploration license offshore Egypt
20-08-2018 | 07:43:00
A new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities.
[Nigeria] NNPC, Seplat collaborate to deliver 3.4bscfd of gas by 2020
20-08-2018 | 06:37:00
The Nigerian National Petroleum Corporation and Seplat Petroleum Development Company have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020.
Eni receives new exploration license for offshore Egypt
15-08-2018 | 13:22:00
Oil and gas exploration multinational Eni has announced that a new concession agreement has received approval by Egyptian authorities.
[Senegal] Petronas buys 30 per cent stake in offshore oil block
14-08-2018 | 09:17:00
Malaysian oil and gas company Petronas through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with Total E&P Senegal SAS, a subsidiary of Total, to acquire a 30% participating interest in the Rufisque Offshore Profond block.
Upstream Oil & Gas Awards to be launched in Tanzania
14-08-2018 | 07:43:00
Oil and gas executives and business leaders drawn from the oil and gas value chain will be gathering in Dar es Salaam, Tanzania, on Friday, 17th August 2018, for the launch of the Upstream Oil & Gas Awards.
ECOWAS popularizes use of liquefied petroleum gas in the region
14-08-2018 | 07:31:47
The Commission of the Economic Community of West African States (ECOWAS) has moved to validate its regional strategy for the popularization of Liquefied Petroleum Gas (LPG) in West Africa.
South Africa Oil & Power Conference shows pivot to African energy
14-08-2018 | 06:16:00
From September 5-7, 2018 in Cape Town, Africa Oil & Power will welcome the Secretary Generals of the Organization of the Petroleum Exporting Countries.
Vivo Energy Uganda, NBS TV launch environmental campaign
07-08-2018 | 11:34:17
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, NBS Television and National Environmental Management Authority have developed and launched an environmental campaign
[Nigeria] NNPC denies sponsoring moves to remove Saraki
07-08-2018 | 10:51:00
The Management of the Nigerian National Petroleum Corporation (NNPC) has distanced the national oil company and its Group Managing Director, Maikanti Baru, from the ongoing political tango in the National Assembly.
Afreximbank offers $200m to Egyptian General Petroleum Corporation
06-08-2018 | 13:29:15
The African Export-Import Bank (Afreximbank) has disbursed the sum of $200 million to the Egyptian General Petroleum Corporation (EGPC) to support EGPC's investment in the Middle East Oil Refinery Company.
Kenya Pipeline Company migrates to new e-procurement platform
02-08-2018 | 06:43:00
The Kenya Pipeline Company (KPC) has completed the migration of its manual procurement to the new Supplier Relationship Management (SRM) platform.
Côte d'Ivoire and Burkina Faso agree supply of petroleum products
02-08-2018 | 06:23:16
The General managers of SITARAIL, Quentin Gerard, the Ivorian Refining Company, Thomas Camara and the Burkinabe National Hydrocarbons Company, Hilaire Kabore, have signed an agreement to develop the supply and transport of petroleum products.
[Angola] Total begins production at the biggest offshore development
01-08-2018 | 09:13:40
Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 kilometers off the coast of Luanda.
[Nigeria] Oando posts N8.5b profit-after-tax H1 2018
30-07-2018 | 06:53:00
Oando has announced its unaudited results for the six months period ended June 30, 2018. Commenting on the results Wale Tinubu, Group Chief Executive, Oando PLC said:
[Algeria] Sonatrach in talks with oil firms to start joint venture
27-07-2018 | 07:25:00
Sonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this year to buy its first overseas refinery, its chief executive said.
Shell secures exploration acreage offshore Mauritania
26-07-2018 | 09:27:00
Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. have signed two Production Sharing Contracts with the government of Mauritania for the exploration of hydrocarbons in the offshore blocks C-10 and C-19.
[Tanzania] Puma Energy introduces Masterpass QR payment solution
24-07-2018 | 09:57:37
Mastercard has partnered with Selcom to enable local businesses and merchants to accept interoperable digital payments, many for the first time.
Eni and Sonatrach strengthen cooperation in the gas sector in Algeria
23-07-2018 | 06:47:00
The Chairman and General Director of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin.
[Morocco] SDX Energy receives $10 million credit facility from EBRD
18-07-2018 | 12:03:00
SDX Energy Inc., the North Africa focused oil and gas company has announced that through its subsidiary SDX Energy Morocco Limited, has signed a facility agreement with the European Bank for Reconstruction and Development.
Equatorial Guinea cancels CHC Helicopters contracts for non-compliance
18-07-2018 | 06:56:54
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated all petroleum operators to cancel all contracts with Canadian-based CHC Helicopters due to noncompliance of Equatorial Guinea’s national content regulations.
[Mozambique] Rovuma Venture submits gas development plan to government
17-07-2018 | 11:43:31
Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields.
[Nigeria] NNPC engages Cross River on 14mw oil palm-biodiesel project
17-07-2018 | 10:51:14
The Nigerian National Petroleum Corporation has commenced comprehensive community integration and stakeholders’ engagement to sensitize dwellers of Iwure, Ojor and Osomba/Akin communities of Cross River State.