Africa's Oil, Gas and Energy News.
The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (Kosmos), PetroSA, GNPC and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to … Read More
Tullow Oil is embarking on the next Ghana drilling campaign with the first well having already commenced on one producer using the Noble Venturer at the Jubilee field which is … Read More
The Minister for Energy & Green Transition, Hon. John Abdulai Jinapor and the Minister for Finance, Hon. Cassiel Ato Forson earlier today inaugurated the Implementation Committee for the construction of … Read More
Explorco has announced plans to drill it’s first well in the basin in Q1 2026—the first such activity since 1974. Speaking at the executive roundtable Michael Aryeetey, Managing Director of … Read More
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the … Read More
2024 FULL YEAR RESULTS 2025 OUTLOOK and GUIDANCE Richard Miller, Interim Chief Executive Officer and Chief Financial Officer, Tullow Oil plc, commented: “In 2024 we had a number of succeses … Read More
Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of USD1.65 billion at 1 January … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction … Read More
2025 Outlook – Cost efficiency and production optimisation driving continued cash generation Operational Governance Financial 2024 Performance – Continued strong progress against business objectives Operational Financial Reserves and resources
Tullow notes that the International Chamber of Commerce (ICC) today delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the … Read More
