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EGYPT: Shell completes sale of Western Desert assets to Cheiron Petroleum Corporation and Cairn Energy

Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of … Read More

SOUTH AFRICA: BG New Operator at Transkei & Algoa after Farm-out Completion

Impact Oil & Gas has announced the completion of the previously announced farm-out transaction between its wholly-owned subsidiary, Impact Africa Limited, and BG International Limited, a wholly owned subsidiary of … Read More

Valaris Announces Floater Contract Awards With Shell

Valaris Limited has announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, … Read More

NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments

Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More

NAMIBIA: Opportunities and Risks of Becoming an International Oil and Gas Player

Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the international oil and gas map. … Read More

NAMIBIA: Eco Atlantic Reissued With Four Licenses in Walvis Basin for 10 years

Eco Atlantic Oil and Gas has announced the Company has successfully negotiated the reissuance of its four licenses in Namibia’s Walvis Basin for 10 years, which received final Government confirmation on … Read More

NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings  the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More

Kosmos Energy Completes Farm Down of Exploration Assets to Shell

Kosmos Energy has announced that it has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell, to farm down interests in … Read More

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