Africa's Oil, Gas and Energy News.
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the … Read More
Global law firm Baker McKenzie’s recent Global Oil and Gas Survey: Response to the Oil Price Crisis, outlines how before the outbreak of the COVID-19 pandemic, the global oil and gas industry was … Read More
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total growth. Nigeria is likely to add 1.5 million barrels per … Read More
Seismic Acquisition & Drilling Plan Advancing The Company successfully concluded its recent field operations and reconnaissance program in the Cabora Basa Basin. Detailed traversing and mapping across the area has … Read More
The United Kingdom has recently declared that it will stop support and funding to any new oil, gas and coal projects on the 5th anniversary of the Paris Agreement. While this … Read More
The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices. The all-pervasive nature of these circumstances has also … Read More
Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused transition energy company, is pleased to announce that it has negotiated the key terms of a new licence, Rissana Offshore … Read More
MODEC has announced that it has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) … Read More
ADM Energy PLC has announced that it has received ministerial consent from the Nigerian Minister of Petroleum Resources (DPR) to complete the transfer of a participating interest of 2.25% in … Read More
Kosmos Energy has announced that it has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell, to farm down interests in … Read More
