Africa's Oil, Gas and Energy News.
Speaking at the Final Investment Decision (FID) Appreciation Awards hosted by the Uganda Investment Authority (UIA), Total EP Manager Mr. Phillipe Groueix said, “As a strategic goal, it is critical … Read More
The African Energy Chamber (AEC), in partnership with the United Nations (UN) Economic Commission for Africa (ECA) and the Secretariat of Sustainable Energy for All (SEforALL), held the soft launch … Read More
NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR) has signed a Cooperation Agreement with QatarEnergy. The agreement provides the framework for cooperation … Read More
The 2015 Paris Climate Agreement, which seeks to limit global increase in temperatures to less than 2°C this century, was signed by 195 countries, 33 of which are African. To … Read More
Nigeria represents one of Africa’s heavyweights when it comes to hydrocarbon exploration and production. With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, … Read More
Eco (Atlantic) Oil & Gas has announced that the Joint Venture partnership of Block 2B, offshore South Africa, has entered into a drilling contract for the Island Innovator semi-submersible rig with … Read More
Zenith Energy has announced that it has elected to not renew the Option Agreement with Noble Hill-Network Limited, first announced to the market on November 29, 2021, for the purchase … Read More
Shelf Drilling has announced that it has secured a new contract award for the Shelf Drilling Mentor jack-up rig for operations offshore Nigeria. The contract has an estimated duration of … Read More
VAALCO Energy has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
