Africa's Oil, Gas and Energy News.
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
Saipem has been awarded one new contractoffshore in Ivory Coast Eni Côte d’Ivoire and its partners, refers to the Baleine Phase 3 project, the third development phase of the Baleine … 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
Petrofac has been awarded a facilities management contract by CNR International (CNRI) offshore the Ivory Coast, West Africa. The initial three-year, multi-million pound, contract will see Petrofac’s Asset Solutions business … Read More
Saipem has been awarded by the Joint Venture Eni Côte d’Ivoire Ltd. and Petroci a drilling contract offshore the Ivory Coast worth 400 million USD. This value is to be … Read More
Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More
The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More
Eni announces a major oil discovery in block CI-101 offshore Ivory Coast. The block is operated by Eni with Petroci Holding, who hold 90% and 10% respectively in the exploration … Read More
Sapura Energy marked its re-entry into Ivory Coast, as Foxtrot International LDC has awarded Sapura Drilling Holdings Limited a contract for the provision of its Tender Assist Drilling Rig Sapura Berani services … Read More
Tullow Oil will this week launch a training program in Kenya at a cost of $1 million to enable new graduate acquire the needed skills and become more employable in … Read More
