Africa's Oil, Gas and Energy News.
The Oil and Natural Gas Industry is proud to endorse the upcoming Central African Economic and Monetary Community (CEMAC) Business Energy Forum, taking place on 29 – 30 November 2021 … Read More
The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on 16 November 2021, under the Chairmanship of HE Franklin Molina Ortiz, Minister of Hydrocarbons and Energies … Read More
Ghana Jubilee Gross production from the Jubilee field averaged c.70,600 bopd (net: c.25,100 bopd) in the first half of the year, slightly ahead of expectations due to good facility uptime … Read More
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “I am pleased to report that Tullow has made excellent operational and financial progress in the first half of 2021. … Read More
Tullow received a payment of $39 million from Panoro for the Dussafu asset and $5 million of contingent consideration relating to the Equatorial Guinea transaction. As previously disclosed, this transaction … Read More
Energy Capital & Power, on behalf Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH), has announced the start of drilling in the Elon Field in Trident Energy-operated Block G in … Read More
Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More
Tullow Oil plc has announced that the sale of its assets in Equatorial Guinea to Panoro Energy has now completed. Earlier today, Tullow received a payment of $88.8 million from … Read More
H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea met with H.E. Timipre Sylva, Minister of Petroleum Resources of Nigeria at the presidential palace in Malabo … Read More
Transaction Structure Tullow has signed two separate sale and purchase agreements with Panoro, pursuant to which Tullow has agreed to the sale to Panoro of its entire interest in Equatorial … Read More
