Africa Oil 2020 Net Income Hits $118M
Africa Oil has received an additional $50 million in dividends from Prime subsequent to the previous reporting period. This brings the total dividends amount to $162.5 million since Africa Oil … Read More
Category: Countries
Algeria hosts the 22nd Ministerial Meeting of the Gas Exporting Countries Forum
The 22 nd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on the 12 November 2020, under the Chairmanship of HE Abdelmadjid Attar, Minister of Energy of … Read More
LIBYA: Crude Oil Production Exceeds One Million Barrels Daily
Libya’s National Oil Corporation (NOC) announced that it managed to raise production rates to 1036035 barrels a day. The National Oil Corporation which faces very big financial difficulties and a … Read More
CAMEROON: Victoria Oil & Gas Settles Litigation with CHL Termination of the CHL Royalty Agreement
Victoria Oil and Gas has announced that its wholly owned subsidiary Gaz du Cameroun S.A. (GDC), a BVI company, and VOG have entered into a confidential Settlement Agreement with Cameroon … Read More
With Afina Unitisation, Ghana Gives Explorer Springfield E&P a Boost and Ensures Production Growth
The recent decision by the Ministry of Energy of Ghana to unitize the Sankofa and Afina fields located within Eni’s Offshore Cape Three Points (OCTP) Block and Springfield E&P’s West … Read More
SENEGAL: Total Awards Shearwater GeoServices Senegal 3D Acquisition & Processing Contract
Shearwater GeoServices Holding AS has announced the award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Senegal. The exploration survey covers 5,000 sq. … Read More
SENEGAL: FAR Sells RSSD Assets to ONGC
FAR Limited has announced it has entered into an RSSD Sale and Purchase Agreement with ONGC Videsh Vankorneft Pte Ltd (ONGC) in respect of FAR’s entire interest in the Production … Read More
Congo Unfreezes AAOG Congo Accounts in Ongoing Dispute with SMP
Zenith Energy has provided an update on the legal claim initiated during 2019 by its subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo S.A.U (AAOG … Read More
Rosgeo Successfully Completes Geological Mapping in Equatorial Guinea and Moves Forward to Phase 2
A month after it started a historic geological mapping project in Equatorial Guinea’s Rio Muni region, Russia’s state-owned joint stock company Rosgeo has made significant progress and is stepping up … Read More
UGANDA: Tullow completes $575 million sale of Uganda assets to Total
Tullow Oil has announced that the sale of its assets in Uganda to Total has completed with $500 million consideration received earlier today. Tullow is also due to receive a … Read More
