NIGERIA: San Leon provides $7.5M funding for development of Oza Field

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces that it has conditionally agreed to invest US$7.5 million by way of a loan … Read More

NIGERIA: Africa Oil Receives Fourth Dividend From Its Nigerian Asset

Africa Oil  has announced that it has received its fourth dividend from Prime Oil and Gas B.V., a company that holds interests in deepwater Nigeria production and development assets. Prime … Read More

Nigeria: Lekoil Terms 2019 as Pivotal Year, Released Audited Results

Operational Highlights Otakikpo ·      Production levels averaged approximately gross 5,305 bopd (2,122 bopd net to LEKOIL Nigeria) ·      Updated Competent Person’s Reports announcing a significant upgrade to 2P oil reserves estimates and … Read More

MAURITANIA: Total Contracts Shearwater for West Africa 3D Acquisition

Geoservices company Shearwater GeoServices Holding AS has announced it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania. The … Read More

Nigeria: Prince Arthur Eze Denies Involvement with Oilbank International and Partnership with ADM Energy

Prince Arthur Eze, Executive Chairman of Atlas Petroleum International and Oranto Petroleum, has categorically denied recent news report of his involvement in a partnership with ADM Energy on the ongoing … Read More

TUNISIA/ GABON: Panoro Energy Provides Operations for H1 2020

Operational Highlights Production and lifting operations maintained and largely unaffected through crisis Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd … Read More

RusselSmith and Kongsberg Ferrotech Introduce Autonomous Robots for Subsea Repairs in Nigeria

Nigerian integrated oilfield services provider, RusselSmith, has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company, to introduce a range of autonomous subsea robotic technologies to the Nigerian market. … Read More