Africa's Oil, Gas and Energy News.
Savannah Energy has announced that its Accugas subsidiary has entered into a new gas sales agreement (GSA) with Mulak Energy Limited. The GSA is initially for a seven-year term. It … Read More
San Leon has provided an update on the funding arrangements by Decklar Petroleum Limited to develop the Oza Oil Field in Nigeria. When fully disbursed, the funding is expected to … Read More
FY 2020 average gross daily production was 19.5 Kboepd, a 13.5% increase from the average gross daily production of 17.2 Kboepd in FY 2019, and at the mid-point of the … Read More
LEKOIL notes the recent local press speculation in relation to a letter received by the Company from the Honourable Minister of State of Petroleum Resources of Nigeria in connection with … Read More
BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options until Q2 2023. Abo … Read More
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
Canadian Overseas Petroleum Limited has announced that: • COPL has closed a non-brokered private placement of Units with institutional investors, family office, high net worth private investors, the Company’s Chief … Read More
Seplat Petroleum Development Co. has signed a Crude Purchase Agreement (CPA) with Waltersmith for the supply of between 2000 and 4000 bpd from existing working-interest production from the Ohaji South … Read More
Further to its previous announcements regarding its proposed investment in Decklar Petroleum Limited and the Oza Field in Nigeria, San Leon announces that the parties have agreed to extend the … Read More
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the … Read More
