Africa's Oil, Gas and Energy News.
The newly constituted Board of Directors of the Export-Import Bank of the United States (EXIM) on Thursday, March 13, unanimously approved the second amendment of a 2019 direct loan of up to $4.7 billion … Read More
Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024 The divestment of SPDC aligns with Shell’s intent to simplify … Read More
VAALCO Energy announces that it has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying … Read More
Ministry of Oil & Gas – National Oil CorporationLibya Licensing Bid RoundJoint Statement The Ministry of Oil and Gas – National oil Corporation has announced the launch of Libya’s First … Read More
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More
Panoro Energy announces a significant new oil discovery has been made at the Bourdon prospect, located on the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per … Read More
VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led … Read More
bp has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West … Read More
Rhino Resources has announced that it has completed the Sagittarius-1x well in the Orange Basin, PEL85 offshore Namibia. Commenting on the initial well results, Rhino’s CEO Travis Smithard said:“We are … Read More
