Sierra Leone Strengthens Upstream Strategy with Shell Reconnaissance Agreement

Sierra Leone has reinforced its upstream petroleum ambitions following the signing of a Reconnaissance Permit Agreement with Shell Exploration Company B.V. The milestone agreement, executed through the Petroleum Directorate of … Read More

SAO TOME & PRRINCPLE: Falcao-1X probe Fails to Find Commercial Hydrocarbons

São Tomé and Príncipe’s offshore hydrocarbon ambitions have faced a setback following an announcement by Shell confirming that the Falcão-1X exploration well did not encounter commercially viable hydrocarbons. The well, … Read More

OPINION: Africa’s Upstream Future: Momentum Builds, but Investment Discipline Remains a Hurdle

By NJ Ayuk, Executive Chairman, African Energy Chamber Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for … Read More

NIGERIA: Shell Completes sale of SPDC to focus its portfolio on Deepwater & Integrated Gas Positions

Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024 The divestment of SPDC aligns with Shell’s intent to simplify … Read More

Nigeria: Ogale and Bille Residents take Shell to UK High court following 10-year fight for Justice

Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The … Read More

NAMIBIA: Sintana Energy Completes Acquisition of Interest in Giraffe Energy

Sintana Energy has announced that it has closed its previously announced acquisition of an initial 49% interest in Giraffe Energy Investments (Pty) Ltd., pursuant to a definitive agreement dated effective … Read More