Africa's Oil, Gas and Energy News.
Meren is shifting gears into a long-term investment cycle running into the early 2030s across its core African offshore assets: Executive Leadership Vision “Our production assets continued to perform in … Read More
Africa Oil has announced the completion of the amalgamation (the “Amalgamation”) to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil, and declares the first … Read More
Patrick Pouyanné, Chairman and CEO of TotalEnergies, met today in Abuja with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, to reaffirm the long-term partnership between TotalEnergies and … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
Highlights Net income of $38.4 million (first half 2021 total of $77.3 million) and end of quarter cash balance of $35.1 million. Received a dividend for $37.5 million from Prime during the quarter and a further $37.5 … Read More
Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant … Read More
Africa Oil has announced that it has received its fifth dividend from Prime Oil and Gas B.V. , a company that holds interests in deepwater Nigeria production and development assets. … Read More
Operational Production from Prime Oil & Gas B.V.’s (“Prime”) Nigerian assets remained strong in the first half of 2020 despite curtailments at Egina in May and June due to OPEC … Read More
