Ghana, Tullow, Kosmos Energy, PetroSA, GNPC & Explorco sign MoU to extend Production licences to 2040

The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (Kosmos), PetroSA, GNPC and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to … Read More

South African National Peotroleum Company (SANPC)Officially Launched

South Africa has taken a historic leap forward in reshaping its energy future with the official launch of the South African National Petroleum Company (SANPC). Formed through the merger of … Read More

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

EQUATORIAL GUINEA: Chevron Signs Production Sharing Contract for Block EG09

American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 – located in the Douala Basin on the border of Cameroon. Representing … Read More

South Africa: Process to Establish a National Petroleum Company to start on September 1st

The Central Energy Fund (CEF) has said it will start a process to consolidate its three subsidiaries, PetroSA, Strategic Fuel Fund and Igas to establish a National Petroleum Company of … Read More