Africa's Oil, Gas and Energy News.
HIGHLIGHTS • Petroleum Exploration Development and Production Agreement (PEDPA) signed with Republic of Zimbabwe • PEDPA provides the licence holder the right to enter into a 25 year production licence … 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
Dana Gas PJSC hasannounced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could … Read More
BP today announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt. The approximately $9 billion WND … Read More
Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi … Read More
Final depth-imaged data, now ready for viewing, covers Angola 2021 offshore licensing opportunities. Eight thousand three hundred square kilometers (8 300 sq. km) of GeoStreamer data is available for Blocks … Read More
By NJ Ayuk It isn’t breaking news that the world is currently on “lock-down mode.” Around the globe, the COVID-19 pandemic has made conditions dire and triggered global economic shutdowns. … Read More
Financial · Declaring a final dividend in respect of FY 2020 of 1.0 pence per share ($2.6 million); a total dividend distribution in respect of 2020 of $3.8 million (1.5 pence … Read More
ADM Energy PLC , a natural resources investing company, is pleased to announce it has entered into a non-binding collaboration agreement with OES Energy Services Limited, Nigeria’s largest swamp rig … Read More
Nostra Terra has announced progress with the planned strategic expansion of its portfolio into Tunisia. Exclusive negotiations and preparations have taken place for a large block with existing discoveries, offering … Read More
