FAR Limited Provides Half Yearly Report

The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More

NIGERIA: Deregulation: NNPC to Support Deployment of CNG Facilities

The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed … Read More

Oil and Gas Exploration in Namibia, Liberia and Ghana: Looking to the Future

Namibia, Liberia and Ghana are set to share their latest and most exciting oil and gas developments in a series of dedicated roundtable discussions aimed at showcasing hydrocarbon potential and … Read More

Kosmos Energy Announces Farm Down of a Portfolio of Exploration Assets to Shell for up to $200 Million

Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (“Shell”), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a portfolio of frontier … Read More

Tullow Oil Provides H1 Operational Update

Production Group working interest production averaged 77,700 bopd in the first half of 2020, in line with expectations. Full year guidance has been updated to reflect recent strong performance in … Read More

North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa

Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy’s technical and financial strength … Read More

LIBERIA: Local Companies to Participate in the Liberia Offshore License Round 2020

Following a vigorous evaluation of Liberian companies who applied to be pre-qualified for the country’s ongoing Offshore License Round for the Harper Basin, The Liberia Petroleum Regulatory Authority (LPRA) has … Read More

SENEGAL: Woodside Energy Enters Agreement to Acquire Cairn’s Stake in the Rufisque Offshore

Woodside Energy  reports it has entered into a binding sale and purchase agreement to acquire Capricorn Senegal Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep … Read More