Tullow Oil Provides H1 Operational Update
Production Group working interest production averaged 77,700 bopd in the first half of 2020, in line with expectations. Full year guidance has been updated to reflect recent strong performance in … Read More
Category: Central Africa
In total, there are nine countries that fall within this region under the classification of the United Nations. Of the nine countries, only one of them, Chad, is landlocked. One of them, the Democratic Republic of São Tomé and Príncipe, is an island. The rest of the countries are Angola, Cameroon, the Central African Republic, the Democratic Republic of the Congo, Equatorial Guinea, Gabon, and the Republic of the Congo.
North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa
Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy’s technical and financial strength … Read More
ANGOLA: Qatar Petroleum Farms into Total’s Block 48
Qatar Petroleum entered into a farm-in agreement with Sonangol, the national oil company of Angola, and Total to acquire a 30% participating interest in Block 48, located in the ultra-deep … Read More
Central Africa’s Economic Recovery Must Go Through a Reform of Forex Regulations
By Leoncio Amada NZE The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet: businesses went bankrupt, millions … Read More
DRC: Government Expresses Strong Political Will for Gas Monetization Projects
Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons … Read More
Equatorial Guinea: IOCs Warn Over Forex Regulations Imposed by the Bank of Central African States
In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the ongoing crisis of Covid-19 and challenging market conditions, H.E. Gabriel Mbaga Obiang Lima, … Read More
Equatorial Guinea & Cameroon: Chevron’s Entry into Central Africa Could be a Turning Point for Gas Industry
The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea’s oil & gas sector, where Noble Energy has interests in the … Read More
Equatorial Guinea hold discussions with African Energy Chamber & Updates on Energy Developments during Covid-19
Last week, the African Energy Chamber held a bilateral discussion with the Ministry of Mines and Hydrocarbons of Equatorial Guinea, led by H.E Gabriel Mbaga Obiang Lima, alongside the Director of … Read More
Zenith Energy Awarded Loan Facility for African Development
Zenith Energy has announced that its Italian subsidiary has received approval to be awarded a legally binding loan facility for an amount of approximately EUR 300,000 from an Italian governmental … Read More
GABON: Total Divests Its Portfolio Of Mature Non-Operated Assets
Total has announced that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests … Read More