Kosmos Energy Announces Fourth Quarter and Full Year 2021 Results

FOURTH QUARTER 2021 HIGHLIGHTS Completed the acquisition of additional interests in the Jubilee and TEN fields in Ghana for ~$550 million (~$460 million after post-closing adjustments) Net Production(2)(3): ~70,000 barrels of oil equivalent per day … Read More

Ensuring Future Generations Benefit from Africa’s Oil and Gas Resources

John Hamilton, CEO of Panoro Energy, provides insight into how the continent can spur exploration and production in 2022 and beyond. While Africa looks to accelerate the development of its … Read More

UGANDA: GCC Services to Provide Camp Services for the Tilenga Project Upstream Facilities

GCC Services, a leader in integrated remote site services, has been selected by international engineering and construction giant McDermott to provide camp services for the Tilenga Project Upstream Facilities in … Read More

UGANDA: 40% of Investment during the Development Phase will be Retained through National Content

Source: Petroleum Authority of Uganda The Executive Director (ED) of the Petroleum Authority of Uganda (PAU) Ernest Rubondo, has revealed that the oil companies have submitted contracts worth US$ 6 … Read More

Africa “Silent” as Global Oil and Gas investments Expand to Hit $628 billion – Rystad Energy

Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by … Read More

EU’s Landmark Proposal to Label Natural Gas as ‘Green’ Energy is Good for Africa & Energy Industry

Africa’s call for a just and inclusive energy transition has been answered through the European Union’s landmark proposal to label natural gas as a ‘green’ energy source. Historically, Africa has … Read More