Oil & Gas companies are Failing to Capitalize on MSGBC Basin’s Huge Gas Discoveries – GlobalData

Two major gas discoveries have been made in the MSGBC Basin; however, oil and gas companies so far have failed to capitalize on these significant resources, and it could be … Read More

CAMEROON: Tower Resources Completes Thali PSC Farm-out to Beluga Energy

Tower Resources has executed a binding Heads of Agreement (HoA) in respect of a farm-out to Beluga Energy Limited (Beluga) of a 49% non-operating working interest in its Thali Production … Read More

MAURITANIA/SENEGAL: Kosmos Energy Completes Sale of Greater Tortue Ahmeyim FPSO & Lease Back Transaction

Kosmos Energy has announced that the transaction for the sale and lease back of the Greater Tortue Ahmeyim (GTA) floating, production, storage, and offloading vessel (FPSO) has been successfully completed. … Read More

Africa Oil Announces the Receipt of Prime Dividend, the Upsizing and Completion of its Corporate Loan Refinance

Africa Oil Corp. has announced that it has received a dividend from Prime Oil and Gas Cooperatief UA and that is has completed the refinancing of its corporate loan facility. … Read More

NIGERIA: Baker Hughes Appointed Onshore Approved Services Provider of the OML 65 Licence

Sirius Petroleum has signed a Memorandum of Understanding (‘MOU’) with Baker Hughes Company Limited. The MOU appoints Baker Hughes as the approved services provider to Phase 1 of the approved … Read More