Tower Resources Provides Update on Thali, PEL 94 Projects
Extension of the initial period of the Exploration Phase of the Thali PSC, offshore Cameroon by one year (from 15 September 2019) for the purposes of completing the NJOM-3 well, … Read More
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: NNPC, SEEPCO Sign OML 143 Monetization Agreement
The Nigerian National Petroleum Corporation (NNPC) and Sterling Global have signed off on agreements for monetization of its fully operated Oil Mining Lease (OML) 143. According to NNPC this latest … 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
Leading international geophysical and drilling contractors join the African Energy Chamber to discuss African Exploration opportunities
The discussion will be centred on opportunities for companies involved in oil and gas exploration in Africa and operations in a post COVID-19 environment; panellists include Chuks Enwereji, Chairman, International … 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