Africa's Oil, Gas and Energy News.
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.
Production drilling at the Hibiscus Ruche Phase I development commenced in early January with first oil expected during March 2023, in line with previously communicated guidance. At the Tortue field … Read More
Average working interest production for PetroNor E&P ASA increased to 4,700 bopd1 in the fourth quarter of 2022, compared with 4,100 bopd in the previous quarter and 3,700 bopd in … Read More
Eni has signed a contract with Wison Heavy Industry for the construction and installation of a Floating Liquefied Natural Gas (FLNG) unit with a capacity of 2.4 MTPA (million tons … Read More
Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More
Glencore has reached an agreement with the Democratic Republic of Congo (DRC) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in … Read More
Perenco has hit oil at an additional exploration target in an identified deeper pre-salt structure located in the Vandji sandstones, Tchibeli NE, encountered an oil column of 75 metres. The target … Read More
Hibiscus/Ruche Phase I development offshore Gabon is progressing to plan. The BW MaBoMo production facility has been installed on site and 20 kilometres of the subsea flowline installed. Preparations are … Read More
Tower has announced that its subsidiary, Tower Resources Cameroon S.A (TRCSA), has been notified by BGFI Bank Group, the largest bank group in Central Africa, that the medium-term loan of … Read More
PetroNor E&P has announced that it had received, from the Government of The Gambia, a 30-day extension to the longstop date of the licence option. Following positive discussions with the Government, … Read More
OPERATIONAL UPDATE Production Group net working interest production averaged c.61.8 kboepd to end October 2022, in line with guidance. Full year production guidance for 2022 narrowed from 60-64 kbopd to … Read More
