Africa's Oil, Gas and Energy News.
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
The FOREX regulations imposed by the Bank of Central African States (BEAC) remain one of the major impediments to investments in Central Africa’s energy markets: Equatorial Guinea, Congo, Cameroon, … Read More
2020 Performance · The impact of COVID-19 has been managed effectively across the Group with negligible impact on production. · Group working interest oil production averaged 74,900 bopd in 2020, … Read More
VAALCO Energy has announced that, in connection with VAALCO’s previously announced acquisition from Sasol Gabon S.A. of Sasol’s 27.8% working interest in the Etame Marin block offshore Gabon, the other … Read More
VAALCO Energy has announced that the acquisition of three dimensional (3-D) seismic data at the Etame Marin block offshore Gabon has been completed. Highlights Completed the acquisition of nearly 1,000 … Read More
Operational Highlights Group net production of 2,117 bopd for Q3 2020, down slightly on Q2 due to announced pump replacements during the quarter in Tunisia Production and lifting operations maintained … Read More
Highlights • Acquiring an additional 27.8% working interest in the Etame Marin block offshore Gabon, increasing VAALCO’s total working interest to 58.8%; • Nearly doubles VAALCO’s total net production and … Read More
On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary Community of Central Africa states – CEMAC. These member states, … Read More
VAALCO Energy has announced that in connection with planning for future drilling programs at the Etame Marin block offshore Gabon, it will begin acquiring and processing new three-dimensional (3-D) seismic … Read More
BW Energy is presenting at the Pareto Securities’ Energy Conference today. Please see the attached presentation. While presenting at the Pareto Securities’ Energy Conference BW Energy referenced the progression of an … Read More
