Uganda Received a Mere 4% in Taxes From Tullow Oil Farm-down
It has emerged that Uganda received just a mere 4% of the total transaction amount in the recent farm-down by Irish explorer Tullow Oil in its sale of its assets … Read More
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It has emerged that Uganda received just a mere 4% of the total transaction amount in the recent farm-down by Irish explorer Tullow Oil in its sale of its assets … Read More
Nine months to 30 September 2020 Operations Highlights · Average entitlement production of 6,646 boe/d, an increase of 90% from the nine months to 30 September 2019 (3,501 boe/d) and 64% higher than average production … Read More
The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on … Read More
EASTERN DESERT West Gharib , West Bakr, and North West Gharib (100% working interest, operated) Operations and Exploration In Egypt, the Company contracted a workover rig to perform well interventions at West Bakr beginning … Read More
Highlights • Acquiring an additional 27.8% working interest in the Etame Marin block offshore Gabon, increasing VAALCO’s total working interest to 58.8%; • Nearly doubles VAALCO’s total net production and … Read More
Operational highlights · Working-interest production within guidance at 50,653 boepd, despite market volatility · Liquids production of 33,327 bopd, gas production of 100 MMscfd · Eland OML40/Ubima assets produced 9,151 bopd, 27.5% of … Read More
CrossBoundary Energy (CBE) has announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing … Read More
The African Development Bank and the Government of Uganda have signed a $500,000 grant agreement for financing of Micro, Small and Medium Enterprises (MSMEs) to boost business linkages on the … Read More
Africa Oil has received an additional $50 million in dividends from Prime subsequent to the previous reporting period. This brings the total dividends amount to $162.5 million since Africa Oil … Read More
The 22 nd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on the 12 November 2020, under the Chairmanship of HE Abdelmadjid Attar, Minister of Energy of … Read More