Africa's Oil, Gas and Energy News.
By Hany Abdel-Latif, Henry Rawlings, Ivanova Reyes, and Qianqian Zhang Buffers insure against volatile crude prices and lower debt risks Oil exporters in sub-Saharan Africa should target buffers of around … Read More
The Italian Agency for Development Cooperation (AICS), the Embassy of Italy in Nairobi and Eni have launched SEMAKENYA II programme to test climate-resilient agronomic practices and technologies in Makueni County. The initiative, … Read More
PTTEP has entered into a Sale and Purchase Agreement (SPA) to sell its entire 2.5% participation interest in the Block 17/06 Project in Angola to SOMOIL. Completion of the sale is … Read More
Eco Atlantic announces an update, further to its announcement of 27 June 2022, in relation to the acquisition by its wholly owned subsidiary Azinam Limited (“Azinam“) of an additional 6.25% Participating Interest in Block 3B/4B, offshore South … Read More
Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS’s entire oil and gas business in South Sudan for a total cash consideration of up to … Read More
AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced today that it has been awarded a 120MW solar photovoltaic (PV) project in South Africa … Read More
First Well Re-Completion: TAG Oil has chosen the BED 1-7 vertical well for its first re-completion and evaluation operations in BED-1. The well had previously tested at a peak rate … Read More
Tlou Energy Limited has announced that it has received firm commitments to raise A$3,072,864.71 (~£1.695 million, ~BWP 26.485 million) before expenses pursuant to a placing of 87,796,135 new ordinary shares … Read More
Eni has announced the beginning of production at the photovoltaic plant under its operation in Tataouine, southern Tunisia, following connection to the national grid. The event was celebrated today during … Read More
Saipem has been awarded a contract by Petrobel for the transportation, installation and pre-commissioning of 170 km of umbilicals for the Zohr Field, to be transported and installed between the central control … Read More
