NIGERIA: Africa Oil Announces Favorable Prime RBL Redetermination
Africa Oil Corp. has provided an update on Prime Oil & Gas B.V. Reserve Base Lending facility (RBL). Africa Oil has a 50% shareholding in Prime, a company with deepwater … Read More
Category: Top News
Sudan, South Sudan Sign Continued Oil Cooperation Agreements
A draft for the development of oil cooperation agreements between Sudan and the State of South Sudan in the technical and economic fields has signed in the context of expanding … Read More
OPEC Fund approves US$20m for SMEs in East Africa
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to … Read More
LIBYA: NOC Plans for the Gradual Resumption of Oil Production
Libya has said it is planning for gradual resumption of oil production across various fields even as the national oil company continues to monitor closely the security situation at all … Read More
Uganda Cooperative Alliance Signs MOU with Stanbic Bank Incubator
The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More
NIGERIA: San Leon Energy an Update on its Indirect Interest in OML 18
Eroton completed its three well drilling programme in early 2020, with the final completion and flow of these wells impacted by Covid-19. The recent lower oil price has led Eroton … Read More
NIGERIA: Canadian Overseas Petroleum Operations Update
Canadian Overseas Petroleum Limited has announces that further to the announcement of its second quarter results on 15th September 2020, COPL is giving an update on its drilling licence extension for … Read More
South Sudan Investing Oil Proceeds into Productive Sectors such as Agriculture and Infrastructure
The government of the Republic of South Sudan is working hard to transform the country and the lives of its people. This year was particularly tough on the east African … Read More
Gambia Reinstates PetroNor License After Out of court settlement
PetroNor announces that the Company has reached a mutual agreement with the Government of The Gambia to settle its Arbitration related to the A1 and A4 licenses. Under the terms … Read More
NIGERIA: Reprocessed 3D Data for West Niger Delta
More than 3 500 sq. km of new PGS broadband reprocessed MultiClient data is now available in the West Niger Delta Basin, providing a clearer image of potential targets in … Read More
