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30-10-2014 22:52:00 | by: Administrator | hits: 15362101 | Tags:

Anglo African Oil & Gas receives part of debt payment owed to it by SNPC, Congo
21-02-2019 | 07:05:00
Anglo African Oil & Gas has provided an update on the repayment of funds owed to it by SNPC, a Congolese national oil company, in regards to SNPC's 44% holding in the Tilapia Licence.
SDX Energy expands presence in Morocco
18-02-2019 | 10:09:12
SDX Energy Inc. has announced that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
[Nigeria] Shell, partners sign 300 million cubic feet gas FID
18-02-2019 | 10:07:00
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision agreement for a 300 million cubic feet of gas on Wednesday in Abuja.
[Angola] Seadrill establishes new joint venture with Sonangol
18-02-2019 | 10:04:37
Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
Eni granted two exploration blocks onshore Egypt
18-02-2019 | 09:38:00
Egyptian authorities have granted Eni two exploration blocks onshore Egypt, the first block assigned within the EGPC 2018 competitive bid round
Seadrill establishes new joint venture with Sonangol, Angola
12-02-2019 | 07:33:00
Seadrill Limited announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
Total announces new gas discovery in South Africa, launches petroleum province
08-02-2019 | 07:05:45
Oil and gas exploration company Total has made a significant gas condensate discovery on the Brulpadda prospects.
[Nigeria] NNPC increases gas supply to power
07-02-2019 | 10:26:40
A total of 735 Million Standard Cubic Feet of gas per day (mmscfd) was delivered to gas fired-power plants in November 2018 compared with October 2018 where an average of 627mmscfd was supplied.
[Mozambique] Anadarko announces LNG Sale and Purchase Agreement with Shell
05-02-2019 | 11:19:41
Anadarko Petroleum Corporation has announced the signing of a Sale and Purchase Agreement between LNG and Shell for 2 million tonnes of LNG per annum for a period of 13 years.
[Mozambique] Anadarko announces LNG sale and purchase agreement with CNOOC
04-02-2019 | 07:17:00
Anadarko Petroleum Corporation has announced Mozambique LNG1 Company Pte. Ltd has signed a Sale and Purchase Agreement (SPA) with CNOOC.
African Energy Chamber to provide technical assistance to South Sudan petroleum sector
31-01-2019 | 05:25:00
The African Energy Chamber has entered into an agreement with the Ministry of Petroleum of South Sudan to strengthen the country’s capacity to manage its hydrocarbons sector.
[Nigeria] NNPC proposes collaboration in oil and gas infrastructure among African countries
29-01-2019 | 10:13:42
The Nigerian National Petroleum Corporation has proposed collaboration among African countries in the area of oil and gas infrastructure in order to remain competitive on the global stage.
[Kenya] Monetary Policy Committee retains Central Bank Rate at 9%, survey
29-01-2019 | 08:18:00
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
[Nigeria] Sirius Petroleum signs US$20 million agreement with Barak Fund
29-01-2019 | 06:58:30
Sirius has signed an agreement with Barak for the provision of a US$20 million debt facility, to contribute to the funding of the first phase (Ororo-2 and Ororo- 3 wells) of the Ororo field development.
Uganda, Tanzania come closer to constructing East African pipeline
29-01-2019 | 06:35:00
An intergovernmental ministerial committee meeting between the governments of Uganda and Tanzania agreed to sign the Host Government Agreement for the East Africa crude oil pipeline by the end of June.
RoyalGate Energy extends license in Equatorial Guinea
29-01-2019 | 06:33:00
African independent RoyalGate Energy has been granted an extension on its Block Z license in Equatorial Guinea, with plans to commence drilling as the oil price stabilizes and the market recovers.
[Angola] Eni announces production of a new well in the Vandumbu field
29-01-2019 | 06:13:59
Oil and gas exploration company Eni has announced that it has successfully started production of a well in the Vandumbu field, located 350 km northwest of Luanda.
African Trade Insurance Agency, AFC support a €577 million debt financing facility for West Africa’s largest oil refinery
25-01-2019 | 06:04:00
Côte d’Ivoire’s economy is one of the strongest in sub-Saharan Africa with an anticipated 2018 GDP growth of 7.6 per cent.
Solar-plus-storage beats combined-cycle gas in Jordan and Morocco, study
22-01-2019 | 14:51:00
Solar-plus-storage is already competitive with the world's most efficient form of gas generation in Morocco and Jordan, according to new research from Wood Mackenzie Power & Renewables.
Nigeria federal government to source forex from Dangote Group
22-01-2019 | 09:34:55
The Federal Government in Nigeria will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.
Ten developments that will shape Africa’s energy sector in 2019
21-01-2019 | 10:27:00
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
Vivo Energy strengthens Côte d'Ivoire presence in with new station
21-01-2019 | 09:37:00
Vivo Energy Côte d'Ivoire is strengthening its presence in the Ivorian market with the opening of a new Shell service station in the Municipality of Taabo.
[Nigeria] NNPC to collaborate with African Transportation Union to curb cross-border leakages
21-01-2019 | 08:53:19
The Nigerian National Petroleum Corporation has sought effective collaboration with members of the African Union of Transportation and Logistics Organization to halt incidents of cross-border leakages of petroleum products.
[Nigeria] NNPC to crash the price of cooking gas
17-01-2019 | 16:08:08
The Nigerian National Petroleum Corporation (NNPC) is set to implement effective commercial framework that would halt the export of major components used in the production of cooking gas.
Egypt and Jordan sign supplemental deals on natural gas
15-01-2019 | 14:14:57
Egypt Petroleum Minister Tareq el Mulla has held a meeting with Jordanian Minister of energy and mineral wealth Hala Zawati to discuss the latest developments of joint energy projects.
North Africa, Middle East economic growth improve on strengthened oil exports, imports, World Bank
15-01-2019 | 09:36:00
Growth in the Middle East and North Africa is estimated to have improved to 1.7 percent in 2018, contributed by acceleration in activity of both oil exporters and importers.
Jan De Nul successfully completes first major umbilical installation project in Egypt
15-01-2019 | 07:12:03
Jan De Nul Group has successfully completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, in the North Alexandria region, Egypt.
Vivo Energy Côte d'Ivoire strengthens its presence in the Ivorian market
15-01-2019 | 06:50:00
Vivo Energy Côte d'Ivoire has reinforced its presence in the Ivorian market with the opening of a new Shell station in TAABO.
[Botswana] Strata-X announces Serowe CSG Project drilling
11-01-2019 | 11:29:00
The directors and management of Strata-X Energy Ltd have announced that the company has entered into a turnkey contract for 1 firm plus one optional vertical well with Danos Drilling of Gabarone, Botswana.
[Interview] Tunde Ajala, Executive Director, Dovewell Oilfield Services, Nigeria
10-01-2019 | 13:18:48
Tunde Ajala is the founding executive director of Dovewell Oilfield Services Ltd, a Nigeria oil and gas company.
Vivo Energy Ghana appoints Ben Hassan Ouattara as new MD
10-01-2019 | 13:00:01
Vivo Energy Ghana, the marketers and distributors of Shell branded products and services has appointed Mr. Ben Hassan Ouattara as the new Managing Director (MD), effective 1st January, 2019.
[Nigeria Business Week] Industries partner to reach common goals
10-01-2019 | 10:57:00
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
Aker Energy announces Pecan well success in Ghana
10-01-2019 | 10:05:00
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore, Ghana.
[Libya] Additional production capacity added at Faregh oil field
10-01-2019 | 07:59:00
Waha Oil Company (WOC), a National Oil Corporation subsidiary, has completed preparations on another horizontal well in the Faregh oil field ahead of the planned start of second-phase experimental gas production.
[Libya] NOC records highest annual revenue since 2013
08-01-2019 | 10:41:00
National Oil Corporation (NOC) recorded an average production of 1.107 million barrels per day in 2018 and total revenues of 24.4 billion USD – a five year high and 78% year-on-year increase.
Nigeria records 9% daily crude oil increment in 2018
08-01-2019 | 09:07:33
Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in outgone 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of 1.86million barrels.
Ophir Energy loses Equatorial Guinea's Fortuna due to licence expiry
08-01-2019 | 08:53:00
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
[Nigeria] NNPC records ₦9.85b trading surplus
07-01-2019 | 09:50:00
The Nigerian National Petroleum Corporation has announced a trading surplus of ₦9.85billion for the month of September 2018, a figure higher than the previous month’s deficit of ₦3.90 billion.
[South Africa] Fairfax Africa completes investment in Consolidated Infrastructure Group
07-01-2019 | 09:11:00
Fairfax Africa Holdings Corporation has acquired 178,995,353 ordinary shares of Consolidated Infrastructure Group Limited at a price of ZAR4.00 per share.
[Nigeria] Total starts production at Egina field
07-01-2019 | 07:15:00
Total has started up production from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria.
Nigerian Stock Exchange reviews composition of market indices
04-01-2019 | 06:29:51
The Nigerian Stock Exchange, NSE, has announced the review of the NSE-30, and the eight sectoral indices of the Exchange
[South Africa] Africa Energy starts drilling Brulpadda offshore well
04-01-2019 | 06:10:59
Africa Energy Corp. has announced spud of the Brulpadda-1AX re-entry well on Block 11B/12B offshore South Africa.
Wentworth relinquishes Tembo block, set to close Mozambique office
03-01-2019 | 13:33:00
Oil and gas company Wentworth has announced that it intends to relinquish the onshore Tembo block in Rovuma Basin.
[Nigeria] CNOOC Limited announces Egina Field commenced production
03-01-2019 | 09:27:01
China National Offshore Oil Corporation, CNOOC, has announced Egina Field, located in deepwater offshore Nigeria, has commenced production.
[Mozambique] Area 4 Co-Venture Parties secure offtake commitments for the Rovuma LNG Project
02-01-2019 | 08:30:00
Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners.
[Angola] Sonangol, ExxonMobil sign oil exploration deal
31-12-2018 | 11:00:00
Sonangol EP and ExxonMobil Corporation have signed a Memorandum of Understanding defining the intention of signing the risks with service contracts.
[Angola] Sonangol announces $1 billion financing agreement
28-12-2018 | 06:00:00
Petroleum and natural gas company Sonangol has announced the signing of a US $ 1 billion financing agreement, fully subscribed by the African Export-Import Bank.
[Angola] Sonangol and Total sign agreement to distribute fuels
24-12-2018 | 06:12:17
The Angolan National Fuel Company Sonangol and Total have signed an agreement in Luanda in the "downstream" segment, with an emphasis on logistics and distribution of refined petroleum.
Petroleum industry reforms set Angola on path to growth in 2019
21-12-2018 | 13:00:00
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
Africa Oil announces additional investment in Impact Oil and Gas
21-12-2018 | 10:40:00
Africa Oil Corp. (AOC) has made further investments of $20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK company with exploration assets in South and West Africa.
National Energy Services announces multi-year contract awards in North Africa
20-12-2018 | 06:09:30
National Energy Services Reunited Corp., has reported awards of major multi-year contracts in North Africa and the Gulf region for its Drilling & Evaluation product line.
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.