CAMEROON/ NAMIBIA: Tower Resources Reports Farm-out in its Thali license and offshore PEL96

Tower Resources announces that it has executed two farm-out agreements and associated documentation with Prime Global Energies Limited for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia. … Read More

GHANA: Tullow Oil Reports Successful Outcome of Tax Arbitration

Tullow notes that the International Chamber of Commerce (ICC) today delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the … Read More

NIGERIA: Seplat Energy Receives Ministerial Consent for the Acquisition of Mobil (MNPU) Assets

Seplat Energy is delighted to announce that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, … Read More

NIGERIA: Shelf Drilling Secures a Contract for the Shelf Drilling Mentor & Shelf Drilling Achiever

Shelf Drilling, has announced today new awards for two jack-up rigs in West Africa. Shelf Drilling has secured a contract for the Shelf Drilling Mentor covering 10 wells and an … Read More