EGYPT: Dana Gas Receives Lowest Payment Since Commencing Cperations

Dana Gas has received a payment of $39 million from the Egyptian Government in December, reducing the Company’s receivables from the North African state below $30 million, to its lowest … Read More

FREE DOWNLOAD: UGANDA TILENGA PROJECT DEVELOPMENT STAGE & EAST AFRICA CRUDE OIL PIPELINE (EACOP) OUTLOOK 2021 – 2025

In December 2021 OilNews Africa announced that starting January 2022 it intends to open its shop to our viewers to access industry information that has been for sale in the … Read More

MOROCCO: Sound Energy Announces Phase 1 Development Loan Note Financing and LNG Sale & Purchase Agreement

Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More

EGYPT: APA Corporation Announces Ratification of Modernized Production Sharing Contract

APA Corporation has announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement to modernize and consolidate the company’s current Production Sharing … Read More

ZIMBABWE: Invictus Raising $5.5m to Support the Development of the Cabora Bassa Project

Invictus Energy has announced a Placement of $3.5m and Share Purchase Plan (SPP) of up to $2m to raise a total aggregate amount of up to $5.5m (Capital Raising). Invictus … Read More

CAMEROON: Victoria Oil & Gas Receives One Year Extension of the Matanda Block licence

Victoria Oil & Gas has announced that its wholly owned subsidiary Gaz du Cameroun S.A. has received, as operator, approval from the Minister of Mines, Industry and Technological Development for … Read More