Africa's Oil, Gas and Energy News.
Chevron Nigeria Limited (CNL) has recorded a significant hydrocarbon discovery following the successful drilling and evaluation of the Awodi-07 appraisal and exploration well in the shallow offshore western Niger Delta. … Read More
BW Energy has in a consortium with Maurel & Prom signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola … Read More
Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria announces that it has signed a farmout agreement to sell to Star Deep Water … Read More
As part of the Ministry of Petroleum and Mineral Resources – Egypt ’ plan and strategy to attract new exploration investments, and to support current efforts to increase production, the … Read More
Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed … Read More
Azule Energy, in collaboration with its partners has announced the successful completion of the Quiluma and Maboqueiro offshore platforms, a cornerstone of the New Gas Consortium (NGC) project. This achievement … Read More
The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities. Rystad … Read More
Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, … Read More
Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered … Read More
The Nigerian National Petroleum Company (NNPC) and Chevon’s subsidiary in Nigeria Chevron Nigeria have sealed a $1.4 billion for “Project Panther” involving external project finance projects in the Niger Delta. The … Read More
