FAR Provides Update for Senegal, Gambia, Guinea-Bissau and Kenya

Senegal Rufisque, Sangomar and Sangomar Deep (RSSD) (FAR 15% Working Interest) Over the past three months, the Operator has been undertaking a program to rescope, reschedule and reprice the Sangomar … Read More

US-Africa Energy Advisory Committee Constituted to Push Energy Dialogue and Investment

The African Energy Chamber has appointed a US-Africa Committee to serve on its Advisory Board and support the development of stronger energy cooperation and investment between the United States and … Read More

NIGERIA: Lekoil Executes Definitive Service Agreements for the Otakikpo Drilling Programme

LEKOIL  has announced that the Otakikpo Joint Venture which is made up of Green Energy International Limited (GEIL), the Operator of the Otakikpo Marginal Field, and the Technical Partner, LEKOIL … Read More

CONGO: Zenith Signs Joint Venture Agreement For Acquisition of Second Oil Production Asset

Zenith Energy Ltd. has announced that it has entered into a joint venture agreement  with a local oil & gas company in the Republic of the Congo.  The primary objective … Read More

Atlas Petroleum Resumes Development of OML109 in Nigeria

Over the weekend, Atlas Petroleum International has resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field. Awarded … Read More

SURINAME: Maersk Drilling Secures Contract for Semi-submersible Rig Mærsk Developer

Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by PETRONAS Suriname Exploration & Production for a one-well exploration campaign in Block 52 … Read More

CAMEROON: Tower Resources Says Heads of Terms with OilLR Pty Ltd Progressing Towards Completion

Tower Resources plc has provided an update regarding the farm-out process in respect of its Thali production-sharing contract (the “PSC”) in Cameroon conducted through its wholly-owned subsidiary Tower Resources Cameroon … Read More

FAR signs new Joint Operating Agreements for Gambian asset

FAR Gambia Ltd, a wholly owned subsidiary of FAR Ltd, has signed new Joint Operating Agreements (“JOA’s”) in respect of the A2 and A5 Blocks in The Republic of The … Read More

Equatorial Guinea Adopts New Petroleum Regulation

The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea has announced the adoption of the new Regulation of Petroleum Operations, Regulation No. 2/2020 of June 15th, … Read More