African Gas Producers Eye European Market as Geopolitical Tensions Remain High

Companies operating gas-producing assets in North Africa have started targeting the commodities-strapped European market as geopolitical tensions escalate as Russia continues its offensive in Ukraine. The companies hope to ride … Read More

AfricaGoGreen Fund receives over $30M investments from the AfDB, the SEFA, and the Nordic Development Fund

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to … Read More

APPO’s Secretary General Solicits Greater Commitments From Member Countries’ NOCS CEOs

The Secretary General (SG), African Petroleum Producers’ Organization (APPO), His Excellency, Dr Omar Farouk Ibrahim called for greater commitments of the CEOs of National Oil Companies (NOCs) of Member Countries … Read More

Tullow Oil Announces its Full Year Results for the year ended 31 December 2021

Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Following a transformational 2021, in which Tullow successfully refinanced its balance sheet, drilled highly productive wells in Ghana and demonstrated … Read More

UGANDA: Schlumberger Awarded Extensive Service Contract for Tilenga Onshore Oil Development

Schlumberger has announced that it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda. The scope of … Read More