African Energy Chamber Launches Membership Offering
Over the past few years, the African Energy Chamber has been instrumental in promoting collaboration within the African energy industry. In doing so, it has played a key role in … Read More
OPEC’s decision to extend Production Cuts is a Positive Step for African Energy Players
Over the weekend, the 11th OPEC and non-OPEC Ministerial Meeting concluded on a series of decisions which will help maintain a still fragile market stability, and which should be supported. Held … Read More
OPEC extends oil production cuts until the end of July
The 11th OPEC and non-OPEC Ministerial Meeting was held via vide oconference, on Saturday, 06 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister … Read More
Ghana: Aker Energy on course to finding a solution for Pecan field development
Aker Energy reaffirms its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. “In a time when most … Read More
Libya: NOC confirms restart of production at Sharara oil field
National Oil Corporation (NOC) confirms the return of production at the Sharara oil field south of the country, after lengthy negotiations by the NOC to reopen the Hamada valve, which … Read More
Algeria: SONATRACH Becomes Major Shareholder in Spain’s Medgaz
SONATRACH has announced the completion of a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in the Company Medga zincreasing SONATRACH’s stake in Medgaz … Read More
Angola: Promotional announcement for Petroleum Concessions
The National Agency of Petroleum, Gas and Biofuels (ANPG), as a national concessionaire and holder of mining rights for the prospecting, research, evaluation, development and production of liquid and gaseous … Read More
Nigeria Opens the 2020 Marginal Field Bid Round
The Department of Petroleum Resources (DPR) Nigeria has opened bids for the commencement of the 2020 Marginal Field Bid Round for indigenous companies and investors interested in Exploration & Production business in Nigeria. … Read More
Egypt: El Salmiya-5 Well Exceeds Pre-drilling Results
AIM listed oil and gas exploration, development and production company United Oil & Gas given an has an update on the El Salmiyah-5 development well on the Abu Sennan concession, … Read More
Kenya Ends Early Oil Pilot Scheme Amid Numerous Challenges
Tullow Kenya, together with its Joint Venture Partners, Total and Africa Oil, confirms that the Early Oil Pilot Scheme (EOPS) contract expires on 2 June 2020, after running for a two-year … Read More