EQUATORIAL GUINEA: VAALCO Energy Announces Approval of Plan of Development for Discovery on Block P

VAALCO Energy has announced that the Government of Equatorial Guinea has approved the Venus – Block P Plan of Development. VAALCO has an 80% participation interest in the project and … Read More

Energy Lobby Calls for Glencore’s EITI Membership Withdrawal Following Guilty Plea to Market Manipulation, Bribery & Corruption

The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More

EQUATORIAL GUINEA: Trident Energy Awarded Extension of Offshore Block G PSC

The Block G Production Sharing Contract in Equatorial Guinea has been successfully extended to 31 December 2040. Alongside our Joint Venture partners, Kosmos Energy, Panoro Energy, GE Petrol and the Ministry … Read More

Panoro Energy Provides 2022 Operations Update

Equatorial Guinea (Panoro: 14.25%) Q1 2022 working interest production averaged approximately 4,968 bopd (gross production 34,866 bopd) Operator Trident Energy is undertaking a workover programme at the Okume Complex and … Read More

Could Restructuring African NOCs via Partial Privatization be a Game Changer in the African Oil and Gas Industry?

The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … Read More

Tullow Oil Announces its Full Year Results for the year ended 31 December 2021

Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Following a transformational 2021, in which Tullow successfully refinanced its balance sheet, drilled highly productive wells in Ghana and demonstrated … Read More