SUDAN: Wild Petroleum Eyes Neighboring Countries as Unrest Sudan Continues

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

CAMEROON: Savannah Energy Signs SPA with Société Nationale Des Hydrocarbures

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

Savannah Energy Provides Q1 2023 Financial and Operational Update

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

CHAD: Savannah Energy Heads to ICC after Presidential Decree Nationalizes Assets

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 Energy Terminates SPA for PETRONAS’ Chad and Cameroon portfolio

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

AfricaGoGreen Fund receives over $30M investments from the AfDB, the SEFA, and the Nordic Development Fund

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

AfDB Approves $379.6M Desert to Power financing facility for the G5 Sahel countries

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

Wildcat Petroleum Announces Appointment of Africa-focused Upstream Oil & Gas Consultancy

Wildcat Petroleum a company targeting investment opportunities in business and assets within the upstream sector of the petroleum industryhas announced the appointment of PETRO-TEC (PT) as petroleum consultants. PT is … Read More