Occidental Sells 2 Ghana offshore fields
Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Ghana National Petroleum Corporation (GNPC) ($200 million), prior to … Read More
Category: Top News
SENEGAL: Saipem Contracts Fugro’s Inclinocam® for Greater Tortue Ahmeyim field’s Precise Pile Positioning
Fugro has been awarded by Saipem a monitoring contract to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania. Beginning in … Read More
UGANDA: UNOC Closer to Acquiring a License for Oil Exploration
Weeks ago, the Uganda National Oil Company Limited (UNOC) named among four companies, which impressed officials in the second licensing round pertaining to five oil blocks in the Albertine Graben, … Read More
Green Climate Fund Invests $150 million in Desert to Power G5 Sahel Financing Facility
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its … Read More
Senegal´s Petroleum Code: Promoting Local Content, State Ownership of Hydrocarbon Resources, and Environmental Sustainability
By Miguel Artacho Senegal adopted a new Petroleum Code on January 24, 2019, which aims to reinforce the preservation of national interests and local content. The new code goes significantly … Read More
San Leon Energy announces Successful Oza-1 Well Re-entry & Testing
Oza-1 Well Re-Entry and Testing Highlights The initial flow testing of the L2.4 sand resulted in a flow rate of 10.3 million standard cubic feet of natural gas per day … Read More
Eni, ANPG & Sonangol Enter MoU on Agro-biofuel Initiatives in Angola, as part of Decarbonization Push
In the occasion of the meeting held yesterday between the President of the Republic of Angola João Gonçalves Lourenço and the CEO of Eni Claudio Descalzi, Eni Angola, ANPG and … Read More
Sirius Petroleum Provides Tunisia Assets Update
On 7 November 2020, we announced the execution of agreements related to the proposed acquisition of an economic interest of up to 40% in Anglo Tunisia Oil & Gas Limited … Read More
NIGERIA: Oil Plus Awarded Water Injectivity Study for Shell
Specialist oil and gas consultancy Oil Plus has secured a number of significant international contract awards totalling more than £1.5million in the first half of this year including that of a … Read More
NAMIBIA: ReconAfrica Granted a 1-Year Extension for PEL 73
Reconnaissance Energy (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) have announced the Ministry of Mines and Energy has granted approval of a one year … Read More