GABON: Tullow Agrees Sale of Assets to Gabon Oil Company for $300M
Tullow Oil has announced that it has signed a binding heads of terms agreement with Gabon Oil Company for the sale of Tullow Oil Gabon SA, which holds 100% of … Read More
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ANGOLA: Xuan Thien Group to Explore Oil and Gas in the Etosha/Okavango basin
On March 17, 2025, in the capital Luanda (Angola), Xuan Thien Group and the Angolan National Agency for Petroleum, Gas and Biofuels (ANPG) signed a joint research investment project to … Read More
The African Energy Chamber (AEC) Lauds US for Supporting Mozambique LNG Project After EXIM Bank Re-Authorizes $4.7B Loan
The African Energy Chamber (AEC) has expressed its sincere appreciation to the Trump administration for its unwavering support in advancing the Mozambique LNG project, a monumental initiative led by TotalEnergies … Read More
Eni and Vitol to strengthen collaboration in West Africa
Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of USD1.65 billion at 1 January … Read More
COTE d’IVOIRE: Eni Increases Gas Volumes for Power Generation from Phase 2 of the Baleine Project
Eni and Petroci have announced a significant increase in gas supply for Côte d’Ivoire’s power generation system. Launched in December 2024 on schedule and with full safety measures, Phase 2 … Read More
EXIM Loans $4.7 Billion to TotalEnergies for LNG Equipment and Services
The newly constituted Board of Directors of the Export-Import Bank of the United States (EXIM) on Thursday, March 13, unanimously approved the second amendment of a 2019 direct loan of up to $4.7 billion … Read More
Côte D’Ivoire: VAALCO Energy Acquires 70% Interest in Offshore CI-705 Block
VAALCO Energy announces that it has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying … Read More
NIGERIA: Savannah Energy Completes Acquisition of SIPEC
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More
EGYPT: bp Successfully Completes Drilling at El Fayoum-5 Gas Well
bp has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West … Read More
Ethiopia, South Sudan, Somalia and Uganda Outlooks on sale at a DISCOUNT all weekend
Dear Reader, We are pleased to inform you that during this last week of January we will be offering all our relevant outlooks at a discount to enable more readers … Read More