Africa's Oil, Gas and Energy News.
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
Welligence Energy Analytics has reported that Chevron has made a gas discovery in its successfully drilled first offshore well in Egypt. According to Wellifence the Nargis-1X exploration well has discovered … Read More
Sintana Energy has announced that Trago Energy a Namibian affiliate of the Company, has completed a transaction with Chevron Namibia Exploration Limited, a wholly-owned subsidiary of Chevron, in respect of … Read More
Seplat Energy has said that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline. The 67km mostly underground pipeline is expected to provide a more reliable … Read More
Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. … Read More
