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Africa


Iraq to Supply Egypt with 1 million barrels monthly
Iraq to Supply Egypt with 1 million barrels monthly Egypt >> 2/23/2017 - The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Petroleum Ministry for final approval. ...
Cairn Energy Reaches TD at SNE-5 Appraisal Well
Senegal >> 2/23/2017 - Drilling of the SNE-5 well, the fifth to appraise the SNE oil field offshore Senegal has reached a Total Depth of 2,852m below the mud line. A wireline logging and sampling program has been completed ...
Panoro Enters into Definitive Sale & Purchase Agreement on Dussafu
Gabon >> 2/22/2017 - Panoro Energy ASA (Panoro) is pleased to announce that on 21 February 2017 its fully-owned subsidiary, Pan-Petroleum Gabon B.V. (PPGBV), has entered into a definitive Sale and Purchase Agreement (the ...
Fugro Awarded Seabed Survey Contract Offshore Kenya
Fugro Awarded Seabed Survey Contract Offshore Kenya Kenya >> 2/21/2017 - Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration programme that w...
Rosneft Signs Libya Oil Deal as More Investors Return to Country
Libya >> 2/21/2017 - Rosneft PJSC signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North African country to gain access to Africa’s largest re...
Eland Oil & Gas Provides Update on Nigeria Operations
Nigeria >> 2/21/2017 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that since the last announcement made by the Com...
Sound Energy Commences Drilling of TE-8 Well
Morocco >> 2/20/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to confirm the commencement of drilling at the third Tendrara well, onshore Morocco. ...
Sound Provides Update on Proposed Acquisition
Morocco >> 2/20/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to announce, further to the Company's announcement of 19 January 2017, that it has entered into binding agreements with ...
LEKOIL Starts Continuous Production at Otakikpo
Nigeria >> 2/20/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, is pleased to announce that further to the announcement on 8 December 2016, the six kilometre offshore p...
Chariot Awarded Kenitra Offshore Exploration Permit
Morocco >> 2/16/2017 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is pleased to announce that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Limited, has b...
Solo Oil Announces Placing to Raise £2 Million
Tanzania >> 2/16/2017 - The Directors of Solo Oil plc has raised £2,000,000 (before expenses) through a Company sponsored placing (the "Placing") of 400,000,000 new ordinary shares of 0.01p (the "Placing Shares") at a price ...
The7thAnnual Zambia International Mining and Energy Conference & Exhibition (ZIMEC)
Zambia >> 2/16/2017 - The7thAnnual Zambia International Mining and Energy Conference & Exhibition (ZIMEC) supported and endorsed by the Government andthe Chamber of Mines, Zambia,will take place once again in Lusaka, from ...
NOC Libya to Showcase Investment Opportunities at NAPEC2017
Libya >> 2/15/2017 - Libya's National Oil Corporation (Libya NOC) is working on restoring its oil and gas production capacity to the same level prior to the Arab Spring, and plans to discuss partnerships with oil service ...
Moulay Bouchta Extension Confirmed
Morocco >> 2/15/2017 - Gulfsands Petroleum plc, the oil and gas company with activities in Syria, Tunisia, Colombia and Morocco, announces that its subsidiary, Gulfsands Petroleum Morocco Limited ("GPML"), has been awarded ...
MX Oil Intends to Undertake a Placing to Raise £5,000,000
Nigeria >> 2/15/2017 - MX Oil, the AIM quoted oil and gas investing company, announces its intention to undertake a placing to raise approximately £5,000,000 (before expenses) through the issue of new ordinary shares in the...
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports Egypt >> 2/14/2017 - Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said. ...
Italy's Eni to Start Production in Egypt by End of 2017
Italy's Eni to Start Production in Egypt by End of 2017 Egypt >> 2/14/2017 - Italian oil and gas company Eni said on Tuesday that Zohr oil field, which the company discovered in 2015, will enter production before end of year, Eni's chief executive said at an oil conference in ...
BOURBON Wins First Pipelay EPCI Contract for Hylia Project
BOURBON Wins First Pipelay EPCI Contract for Hylia Project Gabon >> 2/14/2017 - BOURBON announces its first pipelay contract awarded by Total Gabon for the engineering, procurement, construction and installation of 25 km of 6” rigid pipeline as part of the Hylia Water Injection P...
Nigeria to Offer Work for Illegal Refiners in Quest for Peace
Nigeria >> 2/14/2017 - Nigeria needs to offer work to people who make a living from illegally refining oil in the Niger Delta in order to achieve peace there, the African oil-producing nation's Vice President Yemi Osinbajo ...
Nigeria Declares Pollution in Southern City an Emergency
Nigeria >> 2/14/2017 - Nigeria declared an air pollution emergency in a major southern city and closed an asphalt plant there after residents complained about the fumes from its furnaces, in a country plagued by corruption ...
Eni and BP Complete Sale of 10% of Shorouk, Offshore Egypt
Eni and BP Complete Sale of 10% of Shorouk, Offshore Egypt Egypt >> 2/13/2017 - Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore ...
TOTAL, Schlumberger, SNEPCo, First E & P, SEPLAT, NCDMB and NAPIMS Confirm Speakers for WAIPEC 2017
TOTAL, Schlumberger, SNEPCo, First E & P, SEPLAT, NCDMB and NAPIMS Confirm Speakers for WAIPEC 2017 Nigeria >> 2/13/2017 - The Petroleum Technology Association of Nigeria (PETAN) has announced the first set of speakers to feature on the programme at the West African International Petroleum Exhibition and Conference 2017 (...
7thNorth Africa Petroleum Exhibition & Conferences (NAPEC) 2017
Algeria >> 2/12/2017 - Libya's National Oil Corporation (Libya NOC) is working on restoring its oil and gas production capacity to the same level prior to the Arab Spring, and plans to discuss partnerships with oil service ...
Cobalt Announces Closing of DOJ Investigation
Angola >> 2/9/2017 - Cobalt International Energy, Inc. (Cobalt) has received a letter from the United States Department of Justice (DOJ) advising Cobalt that the DOJ has closed its FCPA investigation into Cobalt’s operati...
Dana Gas Freezes Egypt Investments over Debts
Dana Gas Freezes Egypt Investments over Debts Egypt >> 2/9/2017 - Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there, the chief executive of the United Arab Emirates company said. ...
AMOC to Offer 10-20% of Shares in Secondary Listing
AMOC to Offer 10-20% of Shares in Secondary Listing Egypt >> 2/9/2017 - Alexandria Mineral Oils Co (AMOC) plans to offer 10-20 percent of its shares in a secondary stock market listing as well as 10 percent as Global Depositary Receipts listed in London, its chairman said...
Zambia Cancels Five Oil Exploration Licences
Zambia >> 2/9/2017 - Zambia revoked five oil exploration licences after the companies failed to comply with the rules, mining minister Christopher Yaluma said, without naming the firms. ...
Eni Starts Production of East Hub Development Project
Angola >> 2/8/2017 - Eni has started production of the East Hub Development Project, in Block 15/06 of the Angolan deep offshore, ahead of development plan estimates and with a time-to-market among the best in the sector....
Actemium Wins Total Maintenance Work off Angola
Angola >> 2/8/2017 - Actemium Angola and Actemium Oil & Gas Maintenance have been awarded an offshore multidisciplinary maintenance contract by Total E&P Angola. ...
Angolan Rebels Call on Oil Region to Boycott Election
Angola >> 2/8/2017 - Separatist rebels have called on Angola's oil region to boycott parliamentary elections in August that are likely to be the most closely watched in decades as President Jose Eduardo dos Santos ends 38...
Sandvik Increases Its Presence in Offshore Egypt
Sandvik Increases Its Presence in Offshore Egypt Egypt >> 2/8/2017 - Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has extensively increased its presence in offshore Egypt in 2016, booking...
DeepOcean Completes Ground Breaking 3D Laser Survey for Tullow
Ghana >> 2/8/2017 - ADUS DeepOcean, a subsidiary of DeepOcean Group Holding BV (DeepOcean), has completed ground breaking 3D laser survey offshore Ghana. The recent climate in the oil & gas industry has sharpened the nee...
Workers Launch Strike at CNR's Ivory Coast Fields
Ivory Coast (Cote D'Ivoire) >> 2/8/2017 - Workers at Canadian Natural Resources' (CNR) Baobab and Espoir oil and gas fields in Ivory Coast launched a 72-hour strike early over employment conditions, the head of their union said. "There's no g...
Eni Backs CEO after Prosecutors Ask for Trial over Nigeria
Nigeria >> 2/8/2017 - Italian oil major Eni has backed CEO Claudio Descalzi after sources said prosecutors had asked for him to be sent to trial over alleged corruption in Nigeria. "The Board of Directors confirms its tota...
NAPEC 2017 Signals Optimism within the Oil and Gas Industry in North Africa
Algeria >> 2/7/2017 - The 7th North Africa Petroleum Exhibition & Conferences (NAPEC) to be held from 21-24 March, 2017 in Oran, Algeria, is set to focus on strengthening operational excellence and increasing productivity ...
TE-8 Rig Mobilisation
Morocco >> 2/7/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to confirm that ground works at the Tendrara TE-8 well site, onshore Morocco, are now complete and that the National 110...
BW Offshore Farms into Kudu Field, Offshore Namibia
Namibia >> 2/7/2017 - BW Kudu Limited (a wholly owned subsidiary of BW Offshore) has entered into a Farm-Out Agreement for a 56% stake of the Kudu license offshore Namibia. National Petroleum Corporation of Namibia (NAMCOR...
Qatar Petroleum Seeks International Projects in Cyprus, Morocco
Morocco >> 2/6/2017 - Qatar Petroleum (QP) is exploring oil and gas in Morocco and Cyprus as it aims to expand its liquefied natural gas (LNG) assets abroad while trimming costs at home, chief executive Saad al-Kaabi said ...
Enel Brings Two New South African PV Plants into Operation
South Africa >> 2/6/2017 - Enel, through its renewable energy subsidiary Enel Green Power RSA (EGP RSA), has brought the 82.5 MW Adams and Pulida solar PV plants, which are respectively located in South Africa’s Northern Cape a...
Ntorya-2 Successfully Drilled with Result Ahead of Expectations
Tanzania >> 2/6/2017 - Aminex is pleased to announce that the Ntorya-2 appraisal well has been successfully drilled to a depth of approximately 2,750 metres. At 2,596 metres drilling depth the well encountered a gross gas b...
Angola's Dos Santos Calls End to 38 Years in Power
Angola >> 2/3/2017 - Angolan President Jose Eduardo dos Santos confirmed he will not run in this year's presidential election, calling an end to 38 years as head of state, but he will retain control of the powerful ruling...
John Agyekum Kufuor FPSO Vessel to Set Sail to OCTP Block
Ghana >> 2/3/2017 - Eni announces that the naming ceremony of the “John Agyekum Kufuor” floating production, storage and offloading (FPSO) vessel was held today in Singapore. The FPSO shall operate in Sankofa-Gye Nyame f...
West African Push to Clean Up Toxic Fuel Hits Snags
Nigeria >> 2/2/2017 - A West African drive to clean up toxic fuels that campaigners say pose a health hazard to millions has run into difficulties less than two months after it was announced, according to importers, trader...
Kenyan Slum Seeks to Turn Sewage into Gold with Recycling Plant
Kenya >> 1/31/2017 - Abdullahi Ibrahim’s dream to set up a fruit-juice business has so far been thwarted by water scarcity in Kenya’s biggest slum, Kibera. But the 19-year-old is confident a reliable water supply - which ...
Eland Oil & Gas Recommences Production at Opuama Field
Nigeria >> 1/31/2017 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, has finalised the implementation of crude export from Opuama Field thro...
West Africa Oil Floods to Asia in Latest Sign of OPEC Impact
Nigeria >> 1/31/2017 - West African oil producers this month will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace ...
ABB Launches Next-Generation Asset Management Solution to Improve Efficiency & Optimize Costs
Swaziland >> 1/31/2017 - ABB announced the global launch of its next-generation asset performance management (APM) solution, Asset Health Center 3.0. This latest software based solution enables asset-intensive industries to i...
Mozambique Awards Gas Development Projects to Yara & Shell
Mozambique >> 1/30/2017 - Mozambique, which has vast offshore gas resources, has awarded gas development projects to Norway's Yara International, Shell Mozambique and GL Energy Africa, the National Petroleum Institute (NPI) sa...
Nigeria's Trans Forcados Pipeline to Reopen near End Q2
Nigeria >> 1/30/2017 - Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter", Seplat Chief Executive Austin Avuru said. The pipeline, operated b...
Afrox Secures Western Cape LPG Stocks
South Africa >> 1/30/2017 - Consumers can expect ongoing security of supply of Handigas thanks to Afrox’s plans to import LPG through the port of Cape Town. The first 2017 stocks of LPG docked and were off-loaded last week into ...
Fostering Cyber Security Innovation in Egypt
Fostering Cyber Security Innovation in Egypt Egypt >> 1/29/2017 - As Egypt looks to shore up its defenses against cyber threats, the government's new legislation on cybercrime comes as a welcome move. With the ICT industry in Egypt set to play a central role in driv...
ECA & African Peer Review Mechanism Sign MoU for Improved Cooperation
Ethiopia >> 1/28/2017 - The Economic Commission for Africa’sActing Executive Secretary, Abdalla Hamdok, on Saturday signed a Memorandum of Understating with the African Peer Review Mechanism to establish a continuous partner...
Ghana's Only Oil Refinery Shut after Explosion
Ghana >> 1/27/2017 - Ghana's only oil refinery, the Tema Oil Refinery, is shut after an explosion at a newly installed 5.8-million-euro crude oil heating unit, a senior union official said. The blast at the crude distilla...
OMV Buys Occidental Stake in Libya's Nafoura Oil Field
Libya >> 1/27/2017 - Austria's OMV has agreed to buy a 7 percent stake in Libya's Nafoura oil field from U.S. company Occidental Petroleum Corp, increasing its share in the field. ...
Nigeria Court Orders Temporary Forfeiture of Shell
Nigeria >> 1/26/2017 - A Nigerian court has ordered the temporary forfeiture of assets and the transfer of operations of a long-disputed oilfield owned by Shell and Eni, among others, to the federal government, court papers...
Court Rules Shell Can't Be Sued in London for Nigeria Oil Spills
Nigeria >> 1/26/2017 - Royal Dutch Shell cannot be sued in London over oil spills in Nigeria, the High Court ruled, in a setback to attempts to hold British multinationals liable at home for their subsidiaries' actions abro...
Vaalco Energy Provides Gabon Operational Update
Gabon >> 1/25/2017 - VAALCO Energy, Inc. (VAALCO) provided an operational update that reported strong fourth quarter and full year 2016 production results. Production for the fourth quarter of 2016 averaged approximately ...
Angolan Sovereign Wealth Fund to Invest $180m in Deep Sea Port
Angola >> 1/24/2017 - Angola's sovereign wealth fund will invest $180 million in the country's first deep sea water port in Cabinda, the fund's chairman Jose Filomeno dos Santos said. The sovereign fund, known by its Portu...
CIEHC-3, 3rd Congo International Hydrocarbons Conference & Exhibition
Congo >> 1/24/2017 - CIEHC-3, the Republic of Congo’s Third International Hydrocarbons Conference & Exhibition will take place from 24 – 26 April 2017 in Brazzaville, Republic of Congo and will be organised by the Ministr...
Ghana Government Appoints New Head to National Oil Company
Ghana >> 1/24/2017 - Ghana's new government replaced the head of the national oil company after an election in which it promised greater transparency in the sector and a fairer use of oil revenues. It appointed Kofi Konad...
West Africa’s Largest Mining Event Returns in May 2017
Guinea >> 1/24/2017 - Mining is the most important sector in the economy of the Republic of Guinea, however, the industry has suffered some major setbacks, notably with the strike of the Ebola epidemic which stalled promis...
Libya’s Oil Output Is at Three-Year High and Rising
Libya >> 1/24/2017 - Libya is pumping 715,000 barrels a day of oil, the most since 2014, and is on track to keep boosting output this year as the country restores much of the production lost amid political chaos and confl...
Vivo Energy Teams Up with Orange Money at Shell Stations
Mali >> 1/24/2017 - Vivo Energy, the Shell licensee in Africa and Orange announce a collaborative Pan-African partnership agreement. Under this agreement, Orange Money (OM) customers will be allowed to cash in and cash o...
Savannah Completes 3D Seismic Acquisition in R3 Licence
Niger >> 1/24/2017 - Savannah Petroleum PLC (Savannah) is pleased to announce the completion of 3D seismic acquisition over a c.800km2 portion of the R3 license area, approximately two weeks ahead of schedule and on budg...
GE Proposes Investing in Nigeria's Ailing Oil Refineries
Nigeria >> 1/24/2017 - General Electric, GE, a US multinational company with an asset valued at 493 billion dollars which business focus areas include oil and gas, power, water supply, aviation, healthcare, transportation a...
Africa Finance Corp Issues $150 Million Debut Sukuk
Nigeria >> 1/24/2017 - Africa Finance Corp (AFC) said it issued a three-year $150 million sukuk, becoming the first African government-backed entity to sell an Islamic bond. The announcement confirmed a Reuters report this ...
Puma Energy Opens New Storage Facility in South Africa
South Africa >> 1/24/2017 - Puma Energy, the fastest growing independent fuel distribution company in Africa, announced that January 2017 has marked the entry into operation of its new fuel storage facility at Richards Bay, as w...
North Africa’s Oil & Gas Industry Leaders Set to Converge at Oran, Algeria for NAPEC 2017
Algeria >> 1/23/2017 - Oil and gas industry leaders from across the world are set to converge on Oran, Algeria, for the 7thNorth Africa Petroleum Exhibition & Conferences (NAPEC) to be held from 21-24 March, 2017. The regio...
Equatorial Guinea Applies to Join OPEC
Equatorial Guinea >> 1/23/2017 - Equatorial Guinea has now applied to join the Organization of the Petroleum Exporting Countries, an OPEC source familiar with the matter said, which would bring the oil producer group's membership to ...
Shell Gabon Operations Normal after Agreement to End Strike Action
Gabon >> 1/23/2017 - Royal Dutch Shell said its operations in Gabon were running as normal after it struck an agreement with staff, their labor union and the government to end strike action which started on Jan. 12. "The ...
Eni & Nigerian Government Strengthen Cooperation in Energy Sector
Nigeria >> 1/23/2017 - The Minister of State for Petroleum Resources and Chairman of the Board of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu and the CEO of Eni, Claudio Descalzi, met in Ro...
Meeting with Nigerian Minister of State for Petroleum Resources
Nigeria >> 1/23/2017 - The Minister of Foreign Affairs and International Cooperation, Angelino Alfano, held a meeting today with the Nigerian Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu."We appreciate t...
Cairn Energy Spuds SNE-5 Appraisal Well, Offshore Senegal
Senegal >> 1/23/2017 - Drilling of the SNE-5 appraisal well, offshore Senegal, began on Saturday 21 January. SNE-5, and the following well SNE-6 will be drilled by the drill ship Stena DrillMAX and will evaluate the upper S...
Rig Contractor to Fund Drilling Costs for Multi-Well Program
Gabon >> 1/19/2017 - Pura Vida Energy has entered into a conditional term sheet with a rig contractor to fund the costs of a three well, back to back drilling program on the Nkembe block, which will include an appraisal o...
West African Military Halt Gambia Operation & Issue Jammeh Deadline
Gambia >> 1/19/2017 - West African armies halted an operation in Gambia aimed at installing the country's new president, Adama Barrow, on Thursday so regional leaders could make one last attempt to convince longtime ruler ...
Proposed Acquisition of OGIF's Interests in Eastern Morocco
Morocco >> 1/19/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to announce the signature, following the successful extended well test, of non-binding heads of agreement for the acquis...
Successful TE-7 Extended Well Test
Morocco >> 1/19/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to confirm a successful extended well test at TE-7, the Company's second well at the Tendrara licence (onshore Morocco)....
ERHC Energy Signs MoU with Starcrest Energy Nigeria
Nigeria >> 1/19/2017 - ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced the signing of a Memorandum of Understanding (MOU) with Starcrest Nigeria Energy Limited. ...
NNPC JV Takes Delivery of Two LPG Carriers
Nigeria >> 1/19/2017 - To ensure stability in the supply of Liquefied Petroleum Gas (LPG), popularly known as domestic cooking gas, the West African Gas Ltd (WAGL), a joint venture company of the Nigerian National Petroleum...
North Africa’s Oil & Gas Industry Leaders Set to Converge at Oran, Algeria for NAPEC 2017
Algeria >> 1/18/2017 - Oil and gas industry leaders from across the world are set to converge on Oran, Algeria, for the 7th North Africa Petroleum Exhibition & Conferences (NAPEC) to be held from 21-24 March, 2017. The regi...
Angola's LNG Plant Launches Tender to Sell Late Jan Shipment
Angola >> 1/18/2017 - Angola's liquefied natural gas (LNG) export plant has launched a tender to sell one shipment loading on Jan. 21-23, trade sources said. A cargo put up for sale by Angola LNG which loaded last week was...
Mali Attack Punishment for Cooperation with France
Mali >> 1/18/2017 - Al Qaeda's North African affiliate said a suicide bomb attack on a military camp in northern Mali that killed up to 60 people and wounded more than 100 others on Wednesday was punishment for groups th...
Algeria Force Majeure Hurting LNG Deliveries to Southern France
Algeria >> 1/17/2017 - French gas grid operator GRTgaz said a force majeure situation in Algeria and tensions in the global gas market were impacting deliveries of liquefied natural gas (LNG) to southern France. ...
Rolls-Royce to Pay More Than $800m to Settle Bribery Charges
Angola >> 1/17/2017 - Rolls-Royce Plc agreed to pay authorities more than $800 million to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and UK ...
EGPC Signs 2 New Upstream Agreements
EGPC Signs 2 New Upstream Agreements Egypt >> 1/17/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources signed 2 new petroleum agreements for the Egyptian General Petroleum Corporation (EGPC) and Sahara Oil Company for oil and gas explorat...
Tullow Oil Announces Erut-1 Oil Discovery in Kenya
Kenya >> 1/17/2017 - Tullow Oil plc (Tullow) is pleased to announce that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 metres with 25 metres of net oil pay at a depth of 700 metre...
UKEF Supports GE Oil & Gas Contract with $400 Million
Ghana >> 1/16/2017 - UK Export Finance (UKEF) has announced that it will provide US$400 million in support for a GE Oil & Gas contract with Ghana's Offshore Cape Three Points Project. ...
Talks with Dana Gas’s Technical Director & General Managers
Talks with Dana Gas’s Technical Director & General Managers Egypt >> 1/15/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met with Iman Hill, Technical Director & GM Dana Gas UAE accompanied by Michael Horst Pyszka General Manager Dana Gas Egypt in the pres...
Libya's oil production up to 750,000 bpd
Libya >> 1/14/2017 - Libya's oil production is up to 750,000 barrels per day (bpd), the deputy leader of the U.N.-backed government said on Friday, a rise of about 50,000 bpd from last week. A two-year blockade on pipelin...
AU to Cease Recognizing Gambia’s Jammeh from 19 January
Gambia >> 1/13/2017 - The African Union will cease to recognize Yahya Jammeh as Gambia's president as of Jan. 19, the date he is due to hand power to the winner of the December election, the AU's Peace and Security Council...
NNPC Proposes Changes to Increase Deepwater Oil Revenues
Nigeria >> 1/13/2017 - Nigeria's state oil company has proposed legal amendments aimed at enabling the government to increase royalties and other revenues from deepwater oil production. OPEC member Nigeria has been hit hard...
Nigeria's NNPC Partners with Schlumberger for Exploration
Nigeria >> 1/13/2017 - Nigeria's state oil company said it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to find commercial hydrocarbon deposits in th...
Shell Oil Workers in Gabon Begin 'Unlimited' Strike
Gabon >> 1/12/2017 - Royal Dutch Shell workers in Gabon began an "unlimited" strike on Thursday at all the company's operations in the Central African OPEC member country, the workers' union wrote in a letter to employees...
Shell's Attorneys Ordered to Give Nigerian Activist's Widow Files
Nigeria >> 1/12/2017 - The widow of an activist executed after protesting against Royal Dutch Shell's oil production in Nigeria has won access to legal documents for use in a legal case for damages against the oil giant tha...
NNPC Proposes Increase in Oil Royalty
Nigeria >> 1/12/2017 - The Nigerian National Petroleum Corporation, NNPC, proposed some key amendments to the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act to enable the Federal Government optimize th...
ROC to Receive $250m Afreximbank Support for Oil Fields Strategic Plan
Congo >> 1/11/2017 - The African Export-Import Bank (Afreximbank) and the Government of the Republic of Congo yesterday in Cairo signed a facility agreement under which the Bank will provide $250 million in future flow pr...
Iraq to Provide Egypt with First Petroleum Shipment in Days
Iraq to Provide Egypt with First Petroleum Shipment in Days Egypt >> 1/11/2017 - Iraq's Ambassador to Cairo Habib El-Sadr has said his country to provide Egypt with the first petroleum shipment from Al-Basra Oil Terminal within days, according to a recent agreement signed between ...
Ivory Coast's Ouattara Slims Down Government in Modest Reshuffle
Ivory Coast (Cote D'Ivoire) >> 1/11/2017 - Ivory Coast President Alassane Ouattara named a new and smaller government team, with few changes to top positions, according to a statement read on state-owned television. Adama Kone and Abdourahmane...
Statement Regarding Media Speculation
Morocco >> 1/11/2017 - SDX notes the recent media speculation concerning a potential acquisition and material equity fundraising. ...
Nigeria Oil Union Suspends Three-Day Nationwide Strike after Talks
Nigeria >> 1/11/2017 - A Nigerian oil labor union has suspended a nationwide three-day strike over job losses that hit petrol stations and oil tankers, following talks with the government on Wednesday. The Nigeria Union of ...

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