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30-10-2014 23:52:00 | by: Administrator | hits: 27702789 | Tags:

[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
13-01-2022 | 12:18:00
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
Global oil and gas investments to hit $628 billion in 2022 led by upstream gas and LNG, Rystad Energy
12-01-2022 | 09:08:00
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant.
Invictus secures long leads for 2-well drilling campaign at Cabora Bassa, Zimbabwe
11-01-2022 | 08:51:00
Invictus Energy confirmed it has secured the necessary casing, wellheads and ancillary long lead items for a 2-well drilling campaign at Cabora Bassa, Zimbabwe, commencing in May 2022.
PGS starts new MegaSurveyPlus reprocessing in Nigeria
11-01-2022 | 08:32:13
PGS has added 10 700 sq. km of 3D MultiClient data to its data library coverage of the Niger Delta, kick-starting a major reprocessing project. This will be the cornerstone of a new regional-scale MegaSurveyPlus dataset for Nigeria.
Eco (Atlantic) announces strategic acquisition offshore South Africa and Namibia
11-01-2022 | 08:21:00
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, announced it has signed a Memorandum of Understanding to acquire 100% of Azinam, including Azinam's entire offshore asset portfolio.
Eni awarded five exploration licenses in Egypt
11-01-2022 | 08:14:57
Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum.
Egyptian Ministry of Petroleum awards Eni five new exploration licenses
11-01-2022 | 08:06:50
Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore.
[Column] NJ Ayuk: Why we need African energy banks now
05-01-2022 | 14:20:59
For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry.
Dana Gas Egypt collections reach $39 million in December 2021
03-01-2022 | 10:15:00
Dana Gas PJSC has received a payment of $39 million from the Egyptian Government in December to its lowest levels since commencing operations there in 2007.
[Nigeria] NUPRC announces plans to close 2020 marginal oilfield bid
30-12-2021 | 11:59:00
The Nigerian Upstream Petroleum Regulatory Commission has announced plans to complete the 2020 marginal field bid round program in compliance with the Petroleum Industry Act 2021.
[Kenya] Biofuel startup, Koko Networks, launches new consumer goods business
30-12-2021 | 11:11:00
Koko Networks, a Kenya-based bio-fuel technology enterprise has extended its business to cover other fast-moving consumer goods, through a new tech platform that will capitalize on its established distribution networks in low-income neighborhoods.
APA Corporation to invest $3.5bn in oil exploration in Egypt
29-12-2021 | 10:56:00
The Minister of Petroleum and Mineral Resources has signed an agreement with the Egyptian General Petroleum Corporation and American Apache to invest $3.5bn on exploration, development and production in the concession areas of the Western Desert.
Ghana Oil opens new auto center in Accra
28-12-2021 | 11:51:00
Ghana Oil Company (GOIL) has unveiled its latest one-stop shop Auto and Lube centre in its Dahwenya station, located in the Greater Accra region of Ghana.
Nigeria targets $62bn oil price in 2022 budget
27-12-2021 | 12:07:03
Nigeria's parliament Dec. 22 approved a Naira 17.126 trillion ($38 billion) budget for 2022, anchored on an oil price benchmark of $62b.
Egypt signs $1bn oil exploration deal with Italy’s Eni
27-12-2021 | 10:28:00
Egyptian General Petroleum Corporation has signed a $1 billion agreement with the Italian energy company Eni, for oil exploration in the Gulf of Suez and Nile Delta region in Egypt.
SDX Energy completes drilling at MSD-21 well at West Gharib concession, Egypt
23-12-2021 | 12:16:00
SDX Energy, the MENA-focused energy company, announced the completion of drilling at the MSD-21 infill development well on the Meseda field in its West Gharib concession, Egypt, where SDX has 50% working interest.
[Column] NJ Ayuk: Developing marginal oil fields is more important than ever for Africa
22-12-2021 | 16:35:40
Nigerian energy-industry leaders have been reminiscing lately about the country’s earliest efforts to develop marginal oil and gas fields.
TransGlobe announces ratification of consolidated and amended Eastern Desert Production Sharing Contracts in Egypt
22-12-2021 | 13:18:35
TransGlobe Energy announced it received notification that its agreement with the Egyptian General Petroleum Corporation (EGPC) to merge, amend and extend its three existing Eastern Desert concessions, has been ratified into Egyptian Law.
Maersk Drilling launches Horizon56 to drive digitalisation of the industry
21-12-2021 | 08:01:52
For the past two years, Maersk Drilling has spearheaded an innovative effort to develop a first-of-a-kind product to support digitalisation of offshore drilling processes. The solution, known as RigFlow, has now been segregated.
Sirius Petroleum executes MSA with Baker Hughes relating to OML 65 development onshore Nigeria
20-12-2021 | 12:41:24
Sirius, the Africa focused oil & gas production and development company announced it has executed a legally binding Master Services Agreement (MSA) with Baker Hughes relating to the development of OML 65 onshore Nigeria.
Genel Energy signs SL10B13 block Somaliland farm-out
20-12-2021 | 12:21:00
Genel Energy announced it has signed a farm-out agreement relating to the SL10B13 block, Somaliland, with OPIC Somaliland Corporation (OSC), with all its share of future capital investment coming from CPC Corporation, Taiwan.
Eni, Sonatrach expand strategic partnership in Algeria
16-12-2021 | 08:56:00
The Chief Executive Officer of Sonatrach, Toufik Hakkar and the Chief Executive Officer of Eni, Claudio Descalzi signed a new oil contract related to the onshore Berkine basin area, where Eni has been a leader since 1981.
Chariot commences drilling operations on the Anchois gas development project offshore Morocco
15-12-2021 | 09:37:35
Chariot, the Africa focused transitional energy company, announced that the Stena Don drilling rig has now arrived on location in the Lixus licence, offshore Morocco, to carry out drilling operations on the Anchois gas development project.
Angola's Wildcat Petroleum appoints Striped Horse Resources as consultants
14-12-2021 | 12:36:28
Wildcat Petroleum (WCAT), a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry, has appointed Striped Horse Resources (SHR) as consultants.
VAALCO spuds first well in 2021/2022 drilling campaign offshore Gabon
14-12-2021 | 12:22:00
VAALCO announced it has commenced its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well.
QatarEnergy enters Egypt's upstream sector in two offshore exploration blocks
14-12-2021 | 12:12:00
QatarEnergy entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.
Second well spuds offshore Namibia on-trend to Pancontinental's PEL 87
14-12-2021 | 12:05:06
Two wells are now drilling on-trend to Pancontinental’s giant PEL 87 Saturn oil play, with Shell commencing the Graff-1 oil exploration well in the Orange Basin and French major Total also now drilling the Venus-1 ultra-deep exploration well.
Chevron, Equatorial Guinea sign productions sharing contract for Block EG09
10-12-2021 | 12:16:27
American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 – located in the Douala Basin on the border of Cameroon.
TotalEnergies finalizes divestment of interests in non-operated assets and Cap Lopez Terminal in Gabon
09-12-2021 | 11:38:00
After receiving the approval of Gabonese authorities, TotalEnergies has announced the closing of its agreement to divest to Perenco Oil and Gas Gabon the Cap Lopez Terminal and non-operated assets of its 58%-owned affiliate TotalEnergies EP Gabon.
[Nigeria] Butane Energy opens LPG plant in Kastina
08-12-2021 | 09:30:17
Butane Energy Limited, one of the gas based business supported with equity investment by the Nigerian Content Development and Monitoring Board (NCDMB) has opened its 100 metric tonnes Liquified Petroleum Gas (LPG) Storage and Bottling Plant in Kabukawa layout, Kastina State.
PetroNor announces reserves upgrade at PNGF Sud in Congo Brazzaville
07-12-2021 | 11:10:00
PetroNor announced that 1.88 mmbo of net contingent resources are being transferred to reserves increasing PetroNor’s proven plus probable reserves from 20.2 mmbo to 22.1 mmbo at the PNGF Sud in Congo Brazzaville.
CABGOC secures renewal of Block 0 Concession in Angola through 2050
07-12-2021 | 10:54:51
Chevron’s affiliate in Angola, Cabinda Gulf Oil Company (CABGOC), announced the successful extension of the Block 0 concession, off the coast of Cabinda province, in Angola.
TotalEnergies announces start-up of CLOV Phase 2 project offshore Angola
06-12-2021 | 13:12:06
TotalEnergies, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency (ANPG) announced the start of production of CLOV Phase 2, a project connected to the existing CLOV FPSO.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
03-12-2021 | 12:13:00
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
First phase of 3D seismic project commences on Ruvuma PSA in Tanzania
03-12-2021 | 08:33:46
Africa-focused oil and gas company Aminex announced that the first phase of the 3D seismic project has commenced on the Ruvuma PSA in Tanzania.
TotalEnergies commences drilling of ultra-deep Venus-1 well in Orange Basin offshore Namibia
03-12-2021 | 08:24:00
French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia. On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87.
[Column] NJ Ayuk: Oilfield services companies represent important opportunities for Africa’s energy sector in 2022
03-12-2021 | 07:09:43
Oil and gas in Africa especially the central African region is just starting to hit its stride, OPEC Secretary General H.E. Mohammed Barkindo, told a meeting of major oil companies a few months ago, and the future is especially bright in sub-Saharan Africa.
Impact Oil & Gas announces spud of Venus-1X offshore exploration well in Namibia
02-12-2021 | 07:35:00
Impact Oil & Gas, a privately-owned, African-focused, exploration company, announced the spud of the Venus-1X offshore exploration well in Namibia Block 2913B (PEL 56).
PetroNor, Panoro agree further extension of long-stop date for purchase of Aje in Nigeria
02-12-2021 | 07:28:00
PetroNor announced that the company and Panoro Energy have agreed on a further extension of the completion long-stop date for the previously announced purchase of Panoro’s fully-owned subsidiaries.
Swire Energy Services partners with Cox & Young Resources to supply offshore containers in Ghana
01-12-2021 | 07:04:08
The multi-year agreement will focus on the supply of offshore containers and supplementary services to support the developing energy market in Ghana.
Zenith Energy enters Option Agreement for OML 141 RSC in Nigeria
30-11-2021 | 10:39:00
Zenith Energy, the Africa focused production and development energy company, announced it has entered into an Option Agreement with Noble Hill-Network Limited, a private Nigerian oil and gas company.
Sound Energy signs gas sales agreement for Phase 2 Tendrara development in Morocco
30-11-2021 | 09:51:27
Sound Energy, the Moroccan focused upstream gas company, announced it has entered into a binding gas sale and purchase agreement in respect of the Phase 2 development of the Tendrara Production Concession with ONEE.
AziNam acquires interests in Namibian offshore blocks
30-11-2021 | 08:38:25
AziNam Ltd. has successfully built up a substantial position in the emerging exploration province offshore Namibia, within the Walvis and Luderitz Basins.
Eni and Snam launch partnership on gas pipelines between Algeria and Italy
30-11-2021 | 08:32:18
Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two groups of international gas pipelines connecting Algeria to Italy.
[Nigeria Business Week] Andrea Ayemoba: A 5G promise looms, global trade predictions show winning numbers
26-11-2021 | 12:12:00
Nigeria’s tactic is one of sharpening the sectors that have shown promise (such as technology, agriculture and banking) while throwing resources at those that have been in a work-in-progress mode for years.
Kinetiko spuds third well on the Korhaan project in South Africa
26-11-2021 | 07:04:47
Perth-based energy exploration company Kinetiko Energy announced it has commenced drilling the second of three wells on the Korhaan Project in South Africa.
[Column] NJ Ayuk: Energy transition must be guided by reason, not panic
25-11-2021 | 11:00:00
Increasingly this year, African oil- and gas-producing nations are being told that protecting the planet from climate change will come at the cost of their petroleum industries.
Pharos Energy recommences El Fayum development drilling in Egypt
23-11-2021 | 09:03:00
Pharos Energy, an independent oil and gas exploration and production company, announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme.
Zenith Energy acquires100% interest of Canadian North Africa Oil & Gas in Tunisian Concession
23-11-2021 | 08:53:00
Zenith Energy announced that Zenith Overseas Assets Holdings (ZOA), its fully owned subsidiary, has entered into a share purchase agreement for the acquisition of a 100 percent of Canadian North Africa Oil & Gas.
Eni to support the development of Libya’s oil and gas prospects
23-11-2021 | 07:36:53
Eni has invested over $10 billion to date into the development and exploration of Libya’s abundant natural resources and has historically maintained its commitment to the prosperity of Libya’s people.
ENOC signs agreement with Royal Marine Services to distribute lubricants in Egypt
22-11-2021 | 12:32:08
The agreement will enable Royal marine services to distribute ENOC’s marine lubricants in Egypt boosting the Group’s lubricants presence in a thriving market.
United Oil & Gas announces spudding of AJ-13 development well onshore Egypt
18-11-2021 | 07:18:00
United Oil & Gas announced the spudding of the Al Jahraa-13 development (AJ-13) well in the Abu Sennan licence, onshore Egypt.
Afreximbank signs $1.04b deal with Nigerian National Petroleum Corporation to finance exploration of petroleum
17-11-2021 | 15:10:00
The African Export-Import Bank (Afreximbank) signed a $1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum.
Coral-Sul FLNG ready to sail away to Mozambique’s Rovuma basin in Area 4 first development
17-11-2021 | 08:28:00
Eni, as the Delegated Operator and on behalf of its Area 4 Partners, held the naming and sail away ceremony of the Coral-Sul FLNG, the first floating LNG facility ever to be deployed in the deep waters of the African continent.
PXGEO receives Egyptian 3D towed streamer project award for Q4 2021
17-11-2021 | 08:17:54
PXGEO has been awarded a project in the Egyptian Red Sea to commence in November 2021 with an approximate duration of four months and will be acquired by seismic vessel PXGEO 2.
[Nigeria Business Week] Andrea Ayemoba: Nigeria enters green market, takes on AfCFTA implementation
12-11-2021 | 12:40:00
The collaboration of government with industries is crucial for economic progress, be the market large or small. Nigeria knows this and is taking steps to work closely and create better transparency in one of the country’s most robust industries.
Tullow exercises pre-emption right of Deep Water Tano component of Kosmos Energy/Occidental Petroleum Ghana transaction
12-11-2021 | 08:45:00
Tullow Oil announced it has exercised its right of pre-emption related to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos Energy.
Shell unveils new energy business in Nigeria
11-11-2021 | 08:34:42
Building on the success of Shell Nigeria Gas, Shell Energy Nigeria, aims to deliver competitive and reliable energy for power generation and industrial users and to develop gas distribution to serve people in new regions.
Maurel & Prom signs comprehensive agreement with Gabon to strengthen cooperation
09-11-2021 | 09:05:00
Oil and gas exploration and production company Maurel & Prom and the Gabonese Republic have entered into a multi-pronged comprehensive agreement with a view to strengthening their cooperation.
[Colum] Gabriel Mbaga Obiang Lima: This is not the time to halt natural gas production in Equatorial Guinea
08-11-2021 | 12:51:37
Since Ireland in 2018 became the first country to say it would divest entirely from fossil fuels, governments, activists, and agencies worldwide have begun reciting the same rallying cry: ban all financing on hydrocarbons development and production.
[Column] NJ Ayuk: Gas to power: An opportunity that Africa can't toss away after COP26
05-11-2021 | 07:12:00
With dire warnings about the impending dangers of climate change clouding the headlines on a daily basis, energy transition from fossil fuels to renewables is a hot topic.
Invictus completes Cabora Bassa seismic survey in Zimbabwe
03-11-2021 | 14:45:06
Invictus Energy announced that its 80% owned and operated Cabora Bassa 2021 seismic survey (CB21 Survey) project in Zimbabwe has been completed with a total of 839.5 km of high resolution 2D seismic data acquired.
[South Africa] Omnia divests from Umongo Petroleum for $68.5m
03-11-2021 | 10:53:00
Diversified chemicals company Omnia Holdings (Omnia) and minority shareholder Autumn Storm have negotiated a deal to sell a majority stake in Umongo Petroleum.
Savannah Energy commences gas sales to FIPL Afam in Nigeria
03-11-2021 | 09:19:12
Savannah Energy, the African-focused British independent energy company, announced that its Accugas subsidiary has commenced gas sales to First Independent Power Limited's ("FIPL") power plant, FIPL Afam, in Nigeria.
TGS partners with Schlumberger for new 3D multi-client seismic survey in Egyptian Red Sea
02-11-2021 | 09:47:00
TGS, a global provider of energy data and intelligence, announced a new 3D seismic survey in the Red Sea, Egypt, in partnership with Schlumberger.
Panoro, PetroNor agree on further extension of long-stop date for purchase of Aje in Nigeria
02-11-2021 | 09:38:00
PetroNor and Panoro have agreed on a further extension of the completion long-stop date for the purchase of Panoro’s fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje in Nigeria.
Pharos Energy receives Cabinet approval of El Fayum Amendment in Egypt
02-11-2021 | 08:49:00
Pharos Energy, an independent oil and gas exploration and production company, announced Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement.
VAALCO completes two Etame field well workovers offshore Gabon
02-11-2021 | 08:29:00
VAALCO Energy announced it has completed two workovers at the Etame field offshore Gabon and added a total of approximately 1,050 gross barrels of crude oil per day.
Sound Energy announces extension to Phase 1 Development LNG SPA in Morocco
02-11-2021 | 07:52:00
Sound Energy and Afriquia Gaz announced they have agreed an extension to the period during which the contractual conditions precedent to the Phase 1 LNG Sale & Purchase Agreement in Morocco.
Zenith Energy records production uplift from ROB-1 onshore Tunisia
29-10-2021 | 13:13:00
Zenith Energy announced that a flow rate of 124 barrels of oil per day has been recorded from well Robbana-1 well (ROB-1), located within the Robbana concession in Tunisia.
Africa Oil's Prime closes pre-export finance facility
29-10-2021 | 12:52:00
Africa Oil Corp. (Africa Oil) announced its investee company Prime Oil and Gas Cooperatief UA (Prime), has successfully signed and closed a pre-export finance facility (PXF Facility).
[Column] NJ Ayuk: What does international oil companies’ divestiture mean for Africa?
29-10-2021 | 09:53:02
With the growing demands from Western environmental campaigns to curb petroleum production as part of a journey to net-zero carbon emissions, the pressure is on international oil companies (IOCs) to cease exploration and production activities in Africa.
Eni announces new discoveries in Western Desert, Egypt
28-10-2021 | 11:09:00
Eni announced new discoveries in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt. Preliminary estimates of the resources associated to these new discoveries are at 50 Mboe of hydrocarbon in place.
INPEX sells all interests in Teikoku Oil offshore DR Congo Block
28-10-2021 | 11:02:00
INPEX, Japan’s exploration and production (E&P) company, announced it has sold all its shares in Teikoku Oil (DR Congo), a subsidiary, to Perenco Energies International, thereby divesting all its interests in the Offshore DR Congo Block (the Block).
Chariot signs strategic partnering MoU for Anchois Gas Development offshore Morocco
28-10-2021 | 10:51:00
Chariot, the Africa focused transitional energy company, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with an international energy group (the “Parties”), for Anchois Gas Development offshore Morocco.
The Gambian Ministry of Petroleum and Energy opens mini-licensing round for block A1
28-10-2021 | 10:24:18
The Gambian Ministry of Petroleum and Energy announced it will be opening a mini-licensing round for Block A1 at Africa Oil Week on 8 November 2021, following the success of the licensing round for drill sites in 2018.
Valaris awarded contract with ExxonMobil offshore Angola
27-10-2021 | 10:53:38
Valaris announced it has been awarded a two-year contract with Esso Exploration Angola, an affiliate of ExxonMobil, offshore Angola for drillship VALARIS DS-9.
The African Energy Chamber announces list of Africa’s top 25 Movers and Shakers for 2022
27-10-2021 | 09:58:00
By bringing attention to the individuals driving Africa’s energy growth, the recently launched ‘State of African Energy 2022 Outlook’ aims to highlight the expectations for 2022 across the continent.
[Senegal] Spearheading training for Senegal´s new oil & gas professionals
26-10-2021 | 08:42:00
Senegal has put in place a number of measures to promote the development of local content as part of the country´s long-term economic development program, the Emerging Senegal Plan.
ReconAfrica completes first seismic program in Kavango Basin, North East Namibia
25-10-2021 | 16:26:00
Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia), announced the completion of the first seismic acquisition program ever conducted in the Kavango Basin, North East Namibia.
Zenith completes ROB-1 well workover onshore Tunisia
25-10-2021 | 16:17:51
Zenith Energy, which is focused on building a production and development portfolio in Africa, announced that the workover of the Robbana-1 well (ROB-1), located within the Robbana concession in Tunisia has been successfully completed.
Decklar Resources commences completion operations for Oza-1 well in Nigeria
22-10-2021 | 08:30:00
Decklar Resources announced the commencement of completion operations for the Oza-1 well re-entry in Nigeria.
ITFC signe un accord de financement de 100 millions d’Euros pour soutenir le secteur sénégalais de l’énergie
21-10-2021 | 23:22:00
ITFC signe un accord de financement de 100 millions d’Euros avec la SENELEC pour l'achat de produits pétroliers raffinés et aura donc un impact direct sur la production, la transmission et la distribution d'électricité à travers le pays.
Kinetiko Energy commences exploration program in South Africa
20-10-2021 | 08:04:28
Kinetiko Energy has been in the process of negotiations with a number of drilling and related contractors in both South Africa and Botswana and has completed an engagement with Torque Africa Exploration to drill on the Korhaan project.
Shearwater GeoServices awarded 3D seismic exploration project in South Africa
19-10-2021 | 11:26:00
Shearwater GeoServices announced the award of a 3D seismic survey contract for acquisition in South Africa.
PetroNor receives one year extension for A4 License in The Gambia
19-10-2021 | 10:41:00
PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, announced it has received, from the Government of The Gambia, a one-year extension to the Longstop date of the A4 Licence.
Shearwater GeoServices commences 4D survey for TotalEnergies offshore Angola
15-10-2021 | 09:33:59
Shearwater GeoServices announced the commencement of a 4D monitor survey for Total Angola.
Maersk Drilling announces contract extension to drill world record well in Angola
15-10-2021 | 09:27:50
TotalEnergies Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48.
Occidental announces sale of Ghana assets for $750m
14-10-2021 | 08:10:00
Occidental, an international energy company announced it has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million).
Saipem selects Fugro’s InclinoCam for precise pile positioning contract offshore Senegal
12-10-2021 | 15:32:00
Fugro has been awarded by Saipem a monitoring contract to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania.
BW Energy announces provisional exploration licence award offshore Gabon
12-10-2021 | 15:23:47
BW Energy announced it has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon. The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalising the PSC with the DGH.
ADM Energy completes lifting at Aje Field Nigeria
12-10-2021 | 09:50:34
ADM Energy PLC , a natural resources investing company, has announced the completion of the 16th Lifting at the Aje Field, part of OML 113 offshore Nigeria.
Senegal places local content at the center of the country’s energy sector agenda
11-10-2021 | 11:50:00
The Senegalese government has introduced a domestic-approach to energy sector development, placing local content as a key driver of industry success.
Dana Gas’s KRI and Egypt collections almost doubled in 9M 2021
08-10-2021 | 08:02:00
Dana Gas announced that its 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year.
Sun Africa to invest $1.5 billion in renewables in Angola
01-10-2021 | 12:16:00
Angola has signed a Memorandum of Understanding (MoU) with Sun Africa and U.S.-based AfricaGlobal Schaffer for a $1.5 Billion mini-grid project to supply solar electricity and drinking water in Angola.
Global energy dialogue to promote the role of natural gas in Africa
01-10-2021 | 12:07:00
With climate change and the reduction in greenhouse gas emissions a key topic in global energy dialogue, stakeholders and policymakers have been engaging in a debate on the role of natural gas in the world’s energy future.
African Energy Chamber and Nigerian government partnership targets investments in oil resources
01-10-2021 | 11:24:14
The African Energy Chamber has entered into agreements with the Nigerian government in order to attract new investment into the nation's rich oil resources.
ReconAfrica granted one year extension of first renewal period for PEL 73 licence in Namibia
30-09-2021 | 08:27:00
ReconAfrica and its joint venture partner NAMCOR (the state oil company of Namibia) announced the Ministry of Mines and Energy has granted approval of a one year extension on the First Renewal Period from 29 January 2022 to 29 January 2023.
PGS 3D data covers Angola 2021 offshore licensing
30-09-2021 | 08:19:52
PGS has 3D seismic data acquired in partnership with Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), covering most of the available opportunities in the Angola 2021 bid round for offshore Kwanza and Lower Congo Basin.
Eni achieves startup from Cabaça North development project offshore Angola
29-09-2021 | 14:43:00
Eni started production from Cabaça North development project, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel.