NIGERIA: BW Offshore Extends Agreement for Abo FPSO
BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options until Q2 2023. Abo … Read More
Category: Top News
What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
NIGERIA: Panoro Energy Announces Extension of Long Stop Date for Sale of Aje
Panoro Energy ASA has announced that PetroNor E&P Limited (PetroNor) and Panoro have reached an agreement to extend the completion long stop date for the previously announced sale of its … Read More
NAMIBIA: ReconAfrica to Drill in the Kavango Basin this January
Reconnaissance Energy Africa Ltd. ReconAfrica has provided an operations update as the Company prepares to drill the deep Kavango Basin in the Kalahari Desert of North East Namibia and North West Botswana. … Read More
EGYPT: Eni Makes New Oil Discovery & New Production in the Western Desert
Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, … Read More
MOROCCO: Sound Energy Enters into a Letter of Exclusivity & Extension of LNG Heads of Terms in Tendrara Phase 1 Development
Sound Energy has provided an update in relation to the proposed micro liquefied natural gas (mLNG) phase 1 development project for the TE-5 Horst (the Phase 1 Development) at the … Read More
EGYPT: United Oil and Gas Completes the ASH Gas Pipeline
United Oil & Gas has announced the completion of the ASH gas pipeline in the Abu Sennan Licence, Egypt. United hold a 22% working interest in the Licence, which is … Read More
GABON: Etame Marine Block JV Partners Waive Their Pre-Emptive Rights
VAALCO Energy has announced that, in connection with VAALCO’s previously announced acquisition from Sasol Gabon S.A. of Sasol’s 27.8% working interest in the Etame Marin block offshore Gabon, the other … Read More
What the U.S. Political Transition Might Mean for Africa Generally & Its Oil and Gas Sector in Particular
By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber 2021 could be the beginning of a much needed reset for US relations with Africa and its … Read More
Betway Kenya Renews Kariobangi Sharks Sponsorship
It is now official; the top betting site betway has extended their sponsorship deal with the Kenyan premier league side Kariobangi sharks. Betway presence in Kenya has been great as … Read More