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
Category: Countries
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
BEAC must reconsider its new Forex regulation to save jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad
On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary Community of Central Africa states – CEMAC. These member states, … Read More
Are African Development Bank (AfDB)’s financing policies climate-friendly?
(By Wangeci Migwi, Amy Giliam and Nicole Rodel) With the climate crisis threatening over half of the global GDP, there can be no business-as-usual when the world begins to plan … Read More
Nigeria’s Changing Legal Regime: Is Africa’s Biggest Oil Producer Finally Within Reach of a New Oil Law?
By NJ Ayuk, Executive Chairman, African Energy Chamber This week, the African Energy Chamber will publish a report outlining its short-term predictions for the continent. That report, Africa Energy Outlook … Read More
Africa Oil Eyes Kenya’s Geothermal and Wind Projects
Africa Oil is eyeing ‘money-making’ geothermal and wind projects in Kenya as the oil and gas industry slowly aligns itself with renewable energy, this is according to Africa Oil CEO … Read More
Searcher announces 2D and 3D seismic project Offshore South Africa
Searcher has announced a new multi-client 2D and 3D seismic rectification project Offshore South Africa, in collaboration with the Petroleum Agency of South Africa. The South Africa seismic data covers … Read More
Shell Ventures into Two Existing Blocks in South Africa
Impact Oil and Gas has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc for the farm-out of a 50% working interest … Read More
