ADM Energy Completes Barracuda Field Transaction
ADM Energy has announce it has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda Field in OML 141, an … Read More
Category: Countries
Dana Gas Terminates of Agreement for Sale of its Egyptian Assets
Dana Gas PJSC hasannounced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could … Read More
EGYPT: BP Starts Gas Production from third stage of West Nile Delta Development
BP today announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt. The approximately $9 billion WND … Read More
Total declares Force Majeure on Mozambique LNG project
Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi … Read More
ANGOLA: PGS Completes Data Imaging of the Kwanza Shelf and Releases Final Products
Final depth-imaged data, now ready for viewing, covers Angola 2021 offshore licensing opportunities. Eight thousand three hundred square kilometers (8 300 sq. km) of GeoStreamer data is available for Blocks … Read More
Why now could be a good time for U.S. Independent Oil and Gas Producers to consider opportunities in Africa
By NJ Ayuk It isn’t breaking news that the world is currently on “lock-down mode.” Around the globe, the COVID-19 pandemic has made conditions dire and triggered global economic shutdowns. … Read More
TANZANIA: Wentworth Resources Final Results for the year ended 31 December 2020
Financial · Declaring a final dividend in respect of FY 2020 of 1.0 pence per share ($2.6 million); a total dividend distribution in respect of 2020 of $3.8 million (1.5 pence … Read More
NIGERIA: ADM Energy Enters Barracuda Field Collaboration Agreement
ADM Energy PLC , a natural resources investing company, is pleased to announce it has entered into a non-binding collaboration agreement with OES Energy Services Limited, Nigeria’s largest swamp rig … Read More
TUNISIA: Nostra Terra Inches Closer to Potential Portfolio Expansion
Nostra Terra has announced progress with the planned strategic expansion of its portfolio into Tunisia. Exclusive negotiations and preparations have taken place for a large block with existing discoveries, offering … Read More
GABON: BW Energy Re-starts 3-well Drilling Campaign on the Dussafu license
BW Energy Limited is pleased to announce the re-start of a three-well drilling campaign on the Dussafu license offshore Gabon consisting of two exploration wells in the Hibiscus area and … Read More
