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

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