Equinor Declares Impairment at Tanzania LNG Project
Equinor has announced that it has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by 982million USD. This will be … Read More
CAMEROON: Victoria Oil & Gas Provides Q4 2020 Operational Update
SUMMARY · The Company remains vigilant in relation to the Covid-19 pandemic and adherent to the authorities’ guidelines in the jurisdictions in which it works: the lockdown in Cameroon was eased in May 2020 … Read More
VAALCO Enters Into Crude Oil Derivative Contracts
VAALCO Energy has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period … Read More
South Africa: Clarity on Petroleum Bill Needed to Drive Growth
By James Chester, Senior Director AOP A lot has changed in the past year. One thing that has remained constant is the state of stasis of South Africa’s new petroleum … Read More
SONATRACH Signed More Than 1,100 Contracts Signed with National Companies in 2020
The SONATRACH Group has signed more than 1,100 project contracts with national companiesaccording to the Chairman and CEO of the Toufik Hakkar Group. Speaking on the sidelines of the signing … Read More
Tullow Oil Provides 2020 Performance & 2021 Outlook
2020 Performance · The impact of COVID-19 has been managed effectively across the Group with negligible impact on production. · Group working interest oil production averaged 74,900 bopd in 2020, … Read More
SDX Energy Provides 2021 Production Guidance in Morocco & Egypt
· 2021 production guidance of 5,620 – 5,920 boe/d is 1-6% lower than 2020 production, excluding the assets divested in 2020 due to expected production downtime from the planned Central Processing … Read More
NAMIBIA: Global Petroleum Provides Updated Prospective Resources Estimate for PEL0094
Global Petroleum Limited has announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed. Global … Read More
EQUATORIAL GUINEA: TDI-Brooks International Completes Geophysical & Geotechnical Campaign
TDI-Brooks International, Inc. has completed a geophysical and geotechnical (G&G) campaign for Trident Equatorial Guinea off the coast of Equatorial Guinea in the Elon Field. The site survey work was … Read More
7th edition of MMEC, Mozambique’s Mines, Energy, Oil and Gas event Set for April 2021
The Joaquim Chissano Conference Centre will host the 7th edition of the biennial event on Mining, Oil, Gas and Energy of Mozambique, which will take place from 21 to 22 April 2021. The conference … Read More
