Africa's Oil, Gas and Energy News.
Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More
Tower has announced that its subsidiary, Tower Resources Cameroon S.A (TRCSA), has been notified by BGFI Bank Group, the largest bank group in Central Africa, that the medium-term loan of … Read More
Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More
Logbaba Gas production continued in July & August at strong levels of above 5.5 MMscf/d, including the usually slower month of August, which was 10% up on last year. Matanda … Read More
Bowleven announces the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy) Limited’s definitive conditional agreement with a subsidiary of Perenco S.A., to … Read More
Tower is pleased to announce that its subsidiary, Tower Resources Cameroon SA, has executed a term sheet with BGFI Bank Group, the largest bank group in Central Africa, for a … Read More
The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More
Bowleven announces that it has been informed by New Age (African Global Energy) Limited (New Age), the operator of the Etinde JV, that New Age has signed a definitive conditional … Read More
OPERATIONS SUMMARY · Sales: Average daily gross gas sales rate for the quarter was 5.5 MMscf/d (up 4% on Q4 2021: 5.3 MMscf/d), and a gross volume of 4,691 bbls (Q4 … Read More
French oil equipment manufacturer Bourbon Offshore Surf informs that it has decided to close its branch in Douala, Cameroon after nearly ten years of activity in the country. This follows … Read More
