NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute
In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the … Read More
Category: Countries
NIGERIA: ExxonMobil Appoints New Chairman and Managing Director
ExxonMobil has announced the appointment of a new Chairman and Managing Director Richard Laing its 3 affiliate firms in Nigeria namely Mobil Producing Nigeria Unlimited (MPN) and Esso Exploration and … Read More
ZIMBABWE: Invictus Energy Receives EIA Approval for the Cabora Bassa Project
Invictus Energy Limited has announced that the Environmental Management Agency (EMA) issued EIA Certificate number 8000092361 and has granted Geo Associates (Private) Limited, the Company’s 80% owned subsidiary and holder … Read More
Germany to Ramp Up Investment in African Energy
In an exclusive webinar held on Thursday, “Germany-Africa Economic Relations: Making Deals Post COVID-19,” panelists sought to mobilize German investment into the African energy sector, establishing clean energy and digitalization … Read More
UGANDA/TANZANIA: Shawcor Eyes the East African Crude Oil Pipeline Project
Shawcor Ltd is a Canadian oilfield Services Company has said it is monitoring progress on a previously deferred major East African crude oil project which the company says has re-bid. … Read More
US-Africa Energy Committee Makes Capital Markets Access its Priority
The US-Africa Committee of the African Energy Chamber held its first Meeting this week to discuss the future of energy cooperation and investments between the US and Africa post Covid-19. … Read More
Global Gas Industry Set to Resume Growth Post-Pandemic – BNEF
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the Covid-19 pandemic reduces energy consumption across the global … Read More
Africa Oil Week to Host “Somalia Licensing Round: Derisking Above Ground Factors” Session
Africa Oil Week has announced that it will host a “Somalia Licensing Round: Derisking Above Ground Factors” session at its online conference, AOW Virtual. The session will be in partnership … 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
ZIMBABWE: Invictus Energy Receives License Renewal for the Cabora Bassa Project
Invictus Energy has received approval of its application to renew the investment licence from the Zimbabwe Investment and Development Authority (ZIDA). ZIDA is the investment promotion body set up to … Read More