State of African Energy 2027 Outlook: Project Delivery Will Shape Africa’s $40B Upstream Investment Cycle

Africa’s upstream sector is set to attract approximately $40 billion in annual investment, with production growth through the end of the decade closely tied to the speed of development. The … Read More

Côte d’Ivoire: Eni and Partners approve investment for Baleine Phase 3

During a ceremony held yesterday in Abidjan in the presence of the Minister of Mines, Petroleum and Energy of Côte d’Ivoire, Mamadou Sangafowa-Coulibaly, Eni and its partners Petroci and Vitol … Read More

MOROCCO: Completion FEED for Key Componenets in the Lixus Offshore Gas Development Project

Chariot Limited has announced that it has now completed the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development project, offshore Morocco. The Anchois … Read More

MOROCCO: Sound Energy Announces Project Financing Update

Farm-Out Update  The Company announced on 9 August 2022 that it had initiated a formal farm-out process for the Tendrara Production Concession and the surrounding Grand Tendrara and Anoual exploration permits.  … 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

UGANDA: Seven Recommendations After the Final Investment Decision

Source: Natural Resource Governance Institute On Tuesday 1 February 2022, the project’s joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC) and Uganda National Oil Company (UNOC), announced that … Read More

UGANDA: Consortium Funds Study to Define Agriculture, Housing opportunity Linkages to Oil and Gas Sector

Source: PAU A consortium of five organizations has today commissioned two studies to define business opportunities in the agriculture, and housing sectors linked to Uganda’s emerging oil and gas economy, … Read More

Uganda JV to announce EACOP, Kingfisher & Tilenga Projects Final Investment Decision

The joint venture partners in Uganda’s Tilenga and East Africa Crude Oil Projects Total Energies, CNOOC and state-owned UNOC are expected to announce reaching the final investment decision tomorrow two … Read More