UGANDA: Schlumberger Awarded Extensive Service Contract for Tilenga Onshore Oil Development

Schlumberger has announced that it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda. The scope of … Read More

UGANDA: Seven Recommendations After the Final Investment Decision

Source: Natural Resource Governance Institute On Tuesday 1 February 2022, the project’s joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC) and Uganda National Oil Company (UNOC), announced that … Read More

Africa Oil Announces Record Financial Results and 2022 Management Guidance

Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More

NAMIBIA: TotalEnergies Makes a Significant Discovery at the Venus Prospect

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More

Gas Output from Sub-Saharan Africa set to Double by 2030, Driven by Deepwater Developments

Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in … Read More

NAMIBIA: Shell Strikes Oil at Graff-1 Deepwater Wildcat

The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream B.V and Qatar Energy, are pleased to announce that the Graff-1 deep-water … Read More

Uganda JV to announce EACOP, Kingfisher & Tilenga Projects Final Investment Decision

The joint venture partners in Uganda’s Tilenga and East Africa Crude Oil Projects Total Energies, CNOOC and state-owned UNOC are expected to announce reaching the final investment decision tomorrow two … Read More

RWANDA: TotalEnergies signs a MoU with Rwanda Development Board (RDB) to Deploy its Multi-energy Offer

During a visit to the country by Patrick Pouyanné, TotalEnergies and Rwanda Development Board, a Rwandan public institution responsible for accelerating Rwanda’s economic development, have signed a Memorandum of Understanding … Read More