Africa's Oil, Gas and Energy News.
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
Huawei Digital Power Technologies signed a strategic cooperation agreement with Meinergy Technology, the leading PV developer in West Africa. Under the agreement, Huawei Digital Power will provide a complete smart … Read More
Nigeria represents one of Africa’s heavyweights when it comes to hydrocarbon exploration and production. With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, … Read More
Zenith Energy has announced that it has elected to not renew the Option Agreement with Noble Hill-Network Limited, first announced to the market on November 29, 2021, for the purchase … Read More
Shelf Drilling has announced that it has secured a new contract award for the Shelf Drilling Mentor jack-up rig for operations offshore Nigeria. The contract has an estimated duration of … Read More
VAALCO Energy has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage … Read More
LEKOIL has announce Savannah Energy Investments Limited, has entered into a convertible facility agreement and option agreement with the Company in order to support the Company’s restructuring. Highlights: · The … Read More
FOURTH QUARTER 2021 HIGHLIGHTS Completed the acquisition of additional interests in the Jubilee and TEN fields in Ghana for ~$550 million (~$460 million after post-closing adjustments) Net Production(2)(3): ~70,000 barrels of oil equivalent per day … Read More
The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. … Read More
The International Energy Agency (IEA) predicts the global demand for oil and gas to increase and oil demand alone to expand by 3.3 million barrels (mb/d) per day in 2022 … Read More
Tullow Oil has signed a Memorandum of Understanding (MOU) with the Forestry Commission Ghana to identify and develop carbon offset projects that will support both the realisation of Tullow’s 2030 … Read More
