Africa's Oil, Gas and Energy News.
VAALCO Energy announces that it has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying … Read More
Ministry of Oil & Gas – National Oil CorporationLibya Licensing Bid RoundJoint Statement The Ministry of Oil and Gas – National oil Corporation has announced the launch of Libya’s First … Read More
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More
Panoro Energy announces a significant new oil discovery has been made at the Bourdon prospect, located on the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per … Read More
VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led … Read More
bp has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West … Read More
Rhino Resources has announced that it has completed the Sagittarius-1x well in the Orange Basin, PEL85 offshore Namibia. Commenting on the initial well results, Rhino’s CEO Travis Smithard said:“We are … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction … Read More
Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a … Read More
