NIGERIA: Equinor sells OML 128 to Chappal Energies
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
Tag: Equinor
LIBYA: NOC and Equinor sign MOU to assess Offshore Oil Capabilities
The Chairman of the National Oil Corporation Farhat Bengdara has signed a memorandum of understanding with the Norwegian company Equinor . This memorandum aims to study and evaluate the oil … Read More
ANGOLA: ANPG Awards Azule Energy & Equinor Exploration Rights for Block 31/21
The National Agency of Petroleum, Gas and Biofuels (ANPG) and Azule Energy, in partnership with Equinor, today signed a Production Sharing Agreement (PSA) for Block 31/21. The agreement, which results … Read More
Algeria: Eni Achieves the Closing for the Acquisition of BP’s business
The operation was announced in early September, with the aim of contributing to Europe’s gas needs and strengthening Eni’s presence in Algeria. Eni has achieved the closing for the acquisition of BP business in … Read More
TANZANIA: Increased Upstream Activity Expected Onshore in 2023
Tanzania is expected to see increased upstream activity in 2023 in all aspects including seismic, exploration drilling, development and production buoyed by improved oil prices and goodwill from the country’s … Read More
ANGOLA: ExxonMobil Make New Discovery in Block 15
The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers northwest off the coast of Luanda and was drilled in 1,100 meters (3,608 … Read More
ALGERIA: Eni Acquires Two Major Gas Fields Operated by BP
Eni announces that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions In Amenas and In Salah (45.89% and 33.15% working interest respectively). The In … Read More
TANZANIA: The Signing of Initial LNG Framework Agreement will Open African Gas Markets
Tanzania has made history with the signing of the initial Host Government Agreement (HGA) for the country’s $30 billion liquefied natural gas (LNG) project. The agreement, which defines the fiscal, … Read More
Libya Ready to Bridge Europe’s Oil & Gas Needs
In the presence of the President of the Italian House of Representatives, the Prime Minister of Italy and many European international institutions personalities, the President of the Italian Republic opened … Read More
TANZANIA: TPDC Hires Baker Botts to Advise on $30 Billion LNG Project
Baker Botts (UK) L.L.P has confirmed press reports that it has been hired by the Tanzania Petroleum Development Corporation (TPDC), the national oil company of Tanzania, as the Transaction Adviser … Read More