Africa's Oil, Gas and Energy News.
The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … Read More
U.S. Attorney’s Office in the Southern District of New York has said it has charged Chi Ping Patrick Ho aka “Patrick C.P. Ho,” and Cheikh Gadio (the former Foreign Minister … Read More
Source: eiti.org/blog/ Author: Christoffer Claussen On 31 December 2017, an important provision of the 2016 EITI Standard comes into force. It requires implementing countries to make their EITI data available in open … Read More
Rhino Resources has announced it has expanded its African footprint with the recent acquisition of two offshore blocks in East Africa in the Comoros territorial waters. The two offshore blocks … Read More
Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More
Dolphin has announced it been awarded a 3D seismic contract including fast track data processing by an undisclosed major oil company for a 3-4 months project offshore Africa. Following the … Read More
FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More
Cairn together with its joint venture partners FAR ConocoPhillips 35% and Petrosen have announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metres water depth and approximately 100 kilometres offshore in the Sangomar Deep block reached a Target … Read More
The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today at the request of the Company, pending the release of … Read More
