Africa's Oil, Gas and Energy News.
Tullow Oil has reported that its production activities from its fields in Gabon remains unaffected by the ongoing political activity in the country and the Group continues to work closely … Read More
Eni has signed with Perenco the agreement for the sale of Eni participation interest in several permits in Congo, non-core to the Company strategy in the Country. The transaction value is approx. $300 million USD, … Read More
Transaction Highlights Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today:“This deal is an example of Tullow’s strategy in action as we continue to take proactive steps to optimise … Read More
Bowleven announces the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy) Limited’s definitive conditional agreement with a subsidiary of Perenco S.A., to … Read More
Bowleven announces that it has been informed by New Age (African Global Energy) Limited (New Age), the operator of the Etinde JV, that New Age has signed a definitive conditional … Read More
Taking place on June 15, 16 and 17, The Congo International Energy Summit and Exhibition 2022 – organized by Energy Capital & Power under the patronage of H.E. Denis Sassou … Read More
PetroNor E&P has announced that 1.88 mmbo of net contingent resources are being transferred to reserves increasing PetroNor’s proven plus probable reserves from 20.2 mmbo to 22.1 mmbo (estimate as … Read More
VAALCO Energy has announced that, in connection with VAALCO’s previously announced acquisition from Sasol Gabon S.A. of Sasol’s 27.8% working interest in the Etame Marin block offshore Gabon, the other … Read More
Highlights • Acquiring an additional 27.8% working interest in the Etame Marin block offshore Gabon, increasing VAALCO’s total working interest to 58.8%; • Nearly doubles VAALCO’s total net production and … Read More
Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons … Read More
