John Hofmeister to take over as Chairman of Erin Energy

Erin Energy Corporation has appointed  former President at Shell Oil Company John Hofmeister as Chairman of the Board of Erin Energy Corporation. The appointment will be effective the day immediately following … Read More

CAMAC Energy terminates contract for drillship Energy Searcher

CAMAC Energy has announced it has terminated its contract with Northern Offshore International Drilling Company Ltd. for the drillship Energy Searcher. CAMAC says it notified Northern on January 7, 2015 that … Read More

CAMAC Energy to Acquire 3D Seismic Offshore Gambia

[twitter-follow screen_name=’oilnewskenya’] CAMAC Energy has announced that its wholly owned subsidiary, CAMAC Energy Gambia Ltd has awarded a contract for the acquisition of a 3D seismic survey to Polarcus Limited covering approximately … Read More

CAMAC Energy Announces Additional Drilling Rig for Offshore Nigeria

CAMAC Energy has reported that it has signed a contract with a subsidiary of Transocean Ltd. for the provision of the semi-submersible drilling unit Sedco Express for drilling and completion activities offshore … Read More

CAMAC Energy Closes $100 Million Credit Facility from Zenith bank

CAMAC Energy has announced today that its wholly owned subsidiary, CAMAC Petroleum Limited, has entered into a credit facility with Zenith Bank Plc for a five-year senior secured term loan providing … Read More

Energy top on the agenda as US-Africa summit kicks off in Washington

This week over 50 African heads of state will discuss ways of improving trade between their countries and the United states as well as how to tap into the United … Read More