Africa's Oil, Gas and Energy News.
PetroChad Mangara (PCM), Perenco’s wholly owned Chad subsidiary, has announced that ithas completed a successful twelve well drilling campaign at the Badila oil field in Chad.Eight horizontal wells targeting the … Read More
Wild Petroleum will pursue neighbouring Sudan’s countries such as Chad, South Sudan, Niger, Ethiopia, Eritrea and Libya as the conflict continues to derail its planned production in 4 producing oil … Read More
Savannah Energy has announced that its wholly owned subsidiary, Savannah Midstream Investment Limited (SMIL), has signed a Share Purchase Agreement (SPA) with the national oil company of Cameroon, Société Nationale … Read More
Q1 2023 Unaudited Financial Highlights Cameroon UpdateSavannah acquired an effective 41.06% indirect equity interest in the Cameroon Oil TransportationCompany (COTCo) from ExxonMobil on 9 December 2022. COTCo owns and operates … Read More
British independent energy company Savannah Energy says it intends to pursue its legal rights followingthe Decree issued by the President of the Republic of Chad dated 23 March 2023, nationalising Savannah Chad Inc’s (‘SCI’) (formerly Esso … Read More
Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More
New areas of interest include Sudan, Chad and South Sudan. Back on the 9th May the Company signed a reconnaissance licence for 20 offshore blocks in Sierra Leone territorial waters. REPUBLIC … Read More
OPERATIONS SUMMARY · Sales: Average daily gross gas sales rate for the quarter was 5.5 MMscf/d (up 4% on Q4 2021: 5.3 MMscf/d), and a gross volume of 4,691 bbls (Q4 … Read More
The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to … Read More
The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More
