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

Eni, ANPG & Sonangol Enter MoU on Agro-biofuel Initiatives in Angola, as part of Decarbonization Push

In the occasion of the meeting held yesterday between the President of the Republic of Angola João Gonçalves Lourenço and the CEO of Eni Claudio Descalzi, Eni Angola, ANPG and … Read More

KENYA: Upstream & Pipeline Revised Plans Drive Costs to $3.4B

The total gross capital expenditure (capex), which covers both the upstream and the pipeline to First Oil, is expected to increase to $3.4 billion as the KJV revised the previous … Read More