Erin Energy CEO Resigns
Erin Energy Corporation has announced that Segun Omidele has resigned as Chief Executive Officer and as a member of the Board, effective February 22, 2017. Mr. Omidele’s resignation was accepted by the Board … Read More
Tag: Nigeria
Equatorial Guinea Presents Offer to Join OPEC in 2017
Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and present the Government of Equatorial Guinea’s offer to become the … Read More
Scatec Solar, Norfund sign Power Purchase Agreement for Mozambique’s first large scale Solar Plant
Scatec Solar and Norfund have signed the Power Purchase Agreement securing the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM). … Read More
Slow market impacts refining capacity expansion with reduction of 3 million barrels per day by 2020, says GlobalData
Global crude distillation unit (CDU) capacity will grow by 16.7% by 2020 based on planned and announced refineries, according to research and consulting firm GlobalData. Current capacity is 98.9 million … Read More
AECOM appoints Boni Chileshe as MD for East Africa
Fully integrated professional and technical services firm AECOM has appointed Boni Chileshe as Managing Director for East Africa. Chileshe has over 30 years’ experience within engineering and global professional services. … Read More
Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review
The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil … Read More
World Bank Raises 2016 Oil Price Forecast
The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second … Read More
Uganda invites Five Bidders to negotiate PSA’s in first competitive licensing round
The Ministry of Energy and Mineral Development has announced it has completed evaluation of bids for the first competitive licensing round and invited the successful companies to negotiate Production Sharing … Read More
John Hofmeister to take over as Chairman of Erin Energy
Erin Energy Corporation has appointed former President at Shell Oil Company John Hofmeister as Chairman of the Board of Erin Energy Corporation. The appointment will be effective the day immediately following … Read More
Eni awarded Exploration Company of 2015
Eni is winner of the Petroleum Economist Award, established in 2006 by the prestigious Petroleum Economist, as Exploration Company of the Year. During a ceremony held yesterday in London, a … Read More