ZIMBABWE: Invictus Energy Completes Placement for the Cabora Bassa project

Invictus Energy Limited has announced that the Company has completed the placement for an equivalent AUD$0.44 million with the Mangwana Opportunities Fund as announced on 30 April 2020 following approval … Read More

Energy Lobby Lauds the Bank of Central African States (BEAC)’s Authorization to Open Foreign Currency-labelled Escrow Accounts

In its Ordinary Meeting held on July 2nd, 2020, the Board of Directors of the Bank of Central African States (BEAC) has allowed the opening of foreign currency escrow accounts … Read More

NIGERIA: Lekoil Executes Definitive Service Agreements for the Otakikpo Drilling Programme

LEKOIL  has announced that the Otakikpo Joint Venture which is made up of Green Energy International Limited (GEIL), the Operator of the Otakikpo Marginal Field, and the Technical Partner, LEKOIL … Read More

FPSO Awards Are Set To Recover To Seven Vessels Next Year

Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad … Read More

FNB Consortium to Fund Total’s LNG Project in Mozambique

South African lender FNB Mozambique has announced that it is extended $15.8 billion to French Oil major Total to fund its massive liquefied natural gas (LNG) project in northern Mozambique. According to … Read More

NAMIBIA & BOTSWANA: Reconafrica Completes Technical Evaluation of the Conventional Structures Throughout The Entire Kavango Basin

Reconnaissance Energy Africa Ltd has pleased to announce the Company has completed a comprehensive subsurface evaluation delineating large scale, prospective conventional hydrocarbon bearing structures, throughout the entire Kavango Basin. The … Read More

EGYPT: TechnipFMC Signs a Major Contract For a New Hydrocracking Complex

TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery … Read More