Africa's Oil, Gas and Energy News.
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
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in … Read More
The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More
New Fortress Energy has executed a Memorandum of Understanding (MOU) with the Islamic Republic of Mauritania for the development of an Energy Hub, including natural gas, power, liquefied natural gas … Read More
With the utmost ambition and desire for all Senegalese people to benefit and prosper from their country’s natural resources, President Macky Sall demonstrated his determination to implement reforms to fully … Read More
Fugro has been awarded by Saipem a monitoring contract to support the construction of a liquid natural gas (LNG) jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania. Beginning in … Read More
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its … Read More
By Miguel Artacho Senegal adopted a new Petroleum Code on January 24, 2019, which aims to reinforce the preservation of national interests and local content. The new code goes significantly … Read More
By Miguel Artacho, Field Editor Oil and gas investors with an interest in Africa have made significant investments in some of the countries of the MSGBC Basin – which comprise Mauritania, Senegal, … Read More
The Government of Mauritania, through the Ministry of Petroleum, Mines & Energy and Chariot have signed a Memorandum of Understanding to progress a potential green hydrogen development, denominated as “Project … Read More
