NIGERIA: Chevron, NNPC Sign $1.4bn Financing Deal for Hydrocarbon Projects in Niger Delta

The Nigerian National Petroleum Company (NNPC) and Chevon’s subsidiary in Nigeria Chevron Nigeria have sealed  a $1.4 billion for “Project Panther” involving external project finance projects in the Niger Delta. The … Read More

EGYPT: Welligence Energy Reports Gas Discovery at Chevron’s Nargis-1X exploration well

Welligence Energy Analytics has reported that  Chevron has made a gas discovery in its successfully drilled first offshore well in Egypt. According to Wellifence the Nargis-1X exploration well has discovered … Read More

EGYPT: United Oil & Gas AnnounceCommencement of Drilling ASW-1X Exploration Well

Following mobilisation of the Sino Tharwa-1 rig to site, the operator of the Abu Sennan licence, KEE, has notified the Joint Venture partners that the ASW-1X well has commenced drilling. … Read More

TANZANIA: Maurel & Prom S.A., Wentworth Resources Reach Agreement on Terms of a Recommended Acquisition of Mnazi Bay

Wentworth Resources plc and Etablissements Maurel & Prom S.A. (M&P) have announced that they have reached agreement on the terms of a recommended acquisition of the entire issued and to … Read More

ANGOLA: Yinson enters into Agreement for Preliminary Activities for Agogo Project

Malaysian Yinson Production has entered into an Agreement for Preliminary Activities (APA) with Azule Energy to commence all preliminary activities for the provision, operation and maintenance of a floating, production, … Read More