NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute

In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the … Read More

NIGERIA: ExxonMobil Appoints New Chairman and Managing Director

ExxonMobil has announced the appointment of a new Chairman and Managing Director Richard Laing its 3 affiliate firms in Nigeria namely Mobil Producing Nigeria Unlimited (MPN) and Esso Exploration and … Read More

ADM Energy, OilBank Pre-qualifies in Bidding for Nigerian Marginal Oil Fields

ADM Energy has announced that it has successfully pre-qualified in the Nigerian Government’s 2020 Marginal Field Bid Round. The Company is participating in the Bid Round as the exclusive technical … Read More

NIGERIA/NIGER: Savannah Energy Provides Operational Update for H1 & Outlook for FY 2020

H1 2020 Operational Update Nigeria ·      H1 2020 cash collections from the Nigerian Assets of US$82.1m compared to US$55.3m in H1 2019; ·      Average gross daily production, of which 89% was gas, … Read More

San Leon Acquires 10% Interest In New Nigerian Oil Export System

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited (ELI), … Read More

SURINAME: Apache Corporation Announces Major Oil Discovery In Block 58 At Kwaskwasi-1

Apache has announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a … Read More

Tullow Oil Provides Uganda & Ghana Operational Updates

OPERATIONAL UPDATE The impact of COVID-19 has been managed safely across our business with no impact on our operated production. Group working interest production in the first half of 2020 … Read More

CAMEROON: Victoria Oil & Gas Provides Q2 2020 Operational Update

 ·    The Company remains vigilant in relation to the Covid-19 pandemic and adherent to the authorities’ guidelines in the jurisdictions in which it works: the lockdown in Cameroon was eased in … Read More