GAMBIA: Bambo-1 Well to be Side Tracked Driving Costs – FAR
FAR advises that the Bambo-1 well has drilled 3216m MDBRT (measured depth below the rotary table) of a total planned depth of 3450m MDBRT. Oil indications have been detected in … Read More
Category: West Africa
West Africa or Western Africa is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo
NIGERIA: Gas-fired Thermal Generation Continues to Dominate Power Mix – GlobalData
Thermal power will continue to make up the majority of Nigeria’s power mix in the next decade, rising from an 82.9% share in 2020 to 84.1% by 2030, according to … Read More
GHANA: Swire Energy, Cox & Young Resources Partner to Supply of Offshore Containers & Supplementary Services
Global energy services provider, Swire Energy Services (SES) has entered into a strategic partnership with Cox and Young Resources (CYR). The multi-year agreement will focus on the supply of offshore … Read More
NIGERIA: Panoro, PetroNor Agree Extension of Long Stop Date for Sale of Aje
Panoro Energy and PetroNor E&P Limited have agreed to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares … Read More
NIGERIA: Africa Oil Announces the Receipt of Prime Dividend
Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 … Read More
NIGERIA: Eroton Exploration and Production Company Proposes Acquisition of an Additional Stake in OML 18
Eroton Exploration and Production Company Limited has signed a non-binding term sheet with Africa Import Export Bank (Afrexim) for a prospective US$750,000,000 senior secured reserve-based lending facility. The purpose of … Read More
NIGERIA: Zenith Energy, Noble Hill-Network Enter Option Agreement for OML 141 RSC
Zenith Energy has entered into an Option Agreement with Noble Hill-Network Limited, a private Nigerian oil and gas company. NHNL is the sole, 100% holder of a Risk Service Contract … Read More
Tullow Oil Commissions 1st Ghanaian flagged vessel, the MV Flat Confidence
Tullow Oil has commissioned the first Ghanaian-owned and Ghanaian flagged vessel, the MV Flat Confidence. The MV Flat Confidence was birthed out of Tullow’s marine sector adoption program. The vessel … Read More
NIGERIA: Updated CPR Report Increases Savanna Energy’s 2P Reserves by 27%
An updated Competent Person’s Report CPR was compiled by CGG Services (UK) Ltd covering Savanna Energy’s assets in Nigeria has placed them at 108.6 MMboe 2P Reserves up from 85.5MMboe … Read More
CAMEROON: Tower Resources Yet To Get Approval Following Thali PSC Farm-out
60 days since the Minister of Mines, Industry and Technological Development was formally requested for approval of a transaction of the type its farm-out to Beluga Energy Limited of a 49% … Read More