NIGERIA: ADM Energy Raises Funds to Finance Expansion Plans
ADM Energy has announced that it has raised a total of £475,000 before costs by way of a placing for new ordinary shares in the Company with and a subscription … Read More
Author: kamau
GECF Meeting Emphasises the Importance of Joint Efforts in the Field of Natural Gas Development
The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on 16 November 2021, under the Chairmanship of HE Franklin Molina Ortiz, Minister of Hydrocarbons and Energies … Read More
More than US$25 Billion Worth of Deals Kicked off at African Energy Week in Cape Town
As the continent’s premier energy event, as well as the biggest event to take place in Africa in 2021, African Energy Week (AEW) 2021 did not only comprise the best … Read More
KENYA: Tullow Increases Expenditure to $59M in 2021
Tullow Oil has said it has increased its capital expenditure by $5 million to take account of revised Kenya expenditure according to its latest trading update. In its earlier report … Read More
GHANA: Tullow Oil Provides Jubilee, Ten fieldsUpdate
Ghana drilling campaign on track, with three of the four wells planned in 2021 now onstream. Significant improvement in operating performance sustained: combined uptime on both FPSOs is averaging c.97%; … Read More
EGYPT: PXGEO awarded 3D towed streamer project for Q4 2021
PXGEO has been awarded a project in the Egyptian Red Sea. The project will commence in November 2021 with an approximate duration of four months and will be acquired by … Read More
SOUTH AFRICA: UK Climate Investments & Norfund Invest in Joint Venture to Develop Renewable Assets
UKCI and Norfund are funding a South African joint venture partnership between H1 Holdings and Pele Green Energy to develop renewable energy assets on a 50/50 basis. Today, Macquarie-managed UK … Read More
SUDAN: Lundin Carried out Fully Legitimate and Responsible Business Operations, Faults Ruling
Following a comprehensive review of all the pre-investigation materials, and an initial assessment of the details of the indictment decision itself, Lundin Energy and its defence counsel say it is … Read More
MOZAMBIQUE: Coral-Sul FLNG Ready to Sail Away to Area 4 Ahead of First Gas in 2022
Eni as Delegated Operator and on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS and ENH) held today the naming and sail away ceremony of the Coral-Sul FLNG, … Read More