Africa's Oil, Gas and Energy News.
Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025, says … Read More
The Nigerian Senate has officially passed the long-awaited Petroleum Industry Bill (PIB) on Thursday the 1st of July 2021, after deliberation and input by both the executive and legislative arms … Read More
Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant … Read More
San Leon has announced a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the equity of Energy Link Infrastructure (Malta) … Read More
Rig On-site at Oza-1 Preparing to Commence Operations Decklar has made significant progress in preparation for the Oza-1 well re-entry with the arrival of the drilling rig, camp, and all … Read More
Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days … Read More
Decklar has said it continues to make considerable progress on the Oza-1 well re-entry with the camp and all associated infrastructure fully installed and operational. The major components of the … Read More
Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More
UTM Offshore Limited, a Nigerian marine services company, has signed this morning a pre-Front End Engineering Design (Pre-FEED) contract with JGC Corporation of Japan for the development of a floating … Read More
ADM Energy has announce it has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda Field in OML 141, an … Read More
