VAALCO Enters Into Crude Oil Derivative Contracts
VAALCO Energy has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period … Read More
Category: West Africa
West Africa or Western Africa is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo
Tullow Oil Provides 2020 Performance & 2021 Outlook
2020 Performance · The impact of COVID-19 has been managed effectively across the Group with negligible impact on production. · Group working interest oil production averaged 74,900 bopd in 2020, … Read More
EQUATORIAL GUINEA: TDI-Brooks International Completes Geophysical & Geotechnical Campaign
TDI-Brooks International, Inc. has completed a geophysical and geotechnical (G&G) campaign for Trident Equatorial Guinea off the coast of Equatorial Guinea in the Elon Field. The site survey work was … Read More
CAMEROON: New Age Receives Formal Approval to Apply for a New Etinde Exploitation Agreement
New Age Ltd (New Age), Operator of the Etinde licence, has received formal approval to apply for a new Etinde Exploitation Agreement (EEA). This would replace the existing EEA which came … Read More
Savannah Petroleum Provides FY 2020 Nigeria Operational Highlights
FY 2020 average gross daily production was 19.5 Kboepd, a 13.5% increase from the average gross daily production of 17.2 Kboepd in FY 2019, and at the mid-point of the … Read More
NIGERIA: Shell Nigeria Gas, Nigerian Gas Marketing Corp seal Gas Distribution Deal
The Shell Nigeria Gas (SNG) has signed a 20-year agreement for the domestic distribution of gas to industrial customers and manufacturing plants in Lagos and Ogun States in south-western Nigeria. … Read More
Senegal: Investors Should Look Onshore
Senegal is the hotspot for energy investment in West Africa right now, owing to a string of huge offshore hydrocarbons discoveries since 2014 (as well as its compelling renewables potential). … Read More
NIGERIA: Lekoil Responds to Press Speculation on Metallon Corporation Shareholding
LEKOIL notes the recent local press speculation in relation to a letter received by the Company from the Honourable Minister of State of Petroleum Resources of Nigeria in connection with … Read More
SENEGAL: FAR Provides Update on Remus Proposal and Woodside Sale
FAR Limited has provided an update in relation to its previous announcements regarding: The Remus conditional non-binding indicative proposal of a potential offer from Remus Horizons PCC Limited to acquire … Read More
NIGERIA: BW Offshore Extends Agreement for Abo FPSO
BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options until Q2 2023. Abo … Read More
