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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. ...
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...
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...
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 ...
Statement Regarding Media Speculation
Morocco >> 1/11/2017 - SDX notes the recent media speculation concerning a potential acquisition and material equity fundraising. ...
Oil Workers Go on Strike at Crude Flow Station in Niger Delta
Nigeria >> 1/11/2017 - Nigerian oil workers have gone on strike at the Oleh crude oil flow station in the Niger Delta oil hub because they have not been paid recently, a labour union official said. "The striking workers at ...
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 ...
Uganda & Tanzania Award Crude Pipeline Design Contract to US Firm
Uganda >> 1/11/2017 - Uganda and Tanzania have awarded a contract for designing a crude oil pipeline running through both east African countries to U.S. based firm Gulf Interstate Engineering, an official document seen by ...
Tlou Receives Request for Proposal for up to 100MW of CBM Power
Botswana >> 1/10/2017 - Tlou Energy Limited, an AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) at its Lesedi CBM project, has received...
Africa Economy - December 2016
Africa Economy - December 2016 Egypt >> 1/10/2017 - The economy of Egypt grew by a robust pace in 2Q16. GDP expanded 4.5% y-o-y in 2Q16, following the 3.7% expansion in the previous quarter. While reported growth in the private sector slowed from 5.0% ...
Gabon Reshuffles Cabinet, Replaces Oil Minister
Gabon >> 1/10/2017 - OPEC-member Gabon has replaced three ministers, including the oil minister, the government said in a statement. ...
Africa's First Grid-connected Biogas Plant Powers Up
Kenya >> 1/10/2017 - A commercial farm in Kenya has become Africa’s first electricity producer powered by biogas to sell surplus electricity to the national grid, cutting the carbon emissions associated with oil-powered g...
Approval of the Farm-Out Agreement with Eni in Rabat Deep Offshore
Morocco >> 1/9/2017 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) L...
Nigerian Oil Union Threatens Three-day Strike at Exxon Mobil, Chevron
Nigeria >> 1/9/2017 - A Nigerian oil labor union will stage a three-day strike at Chevron and Exxon Mobil fuel depots from Wednesday in a protest over sackings if talks with the government fail, union officials said. The N...
Aminex Provides Update on Ntorya-2 Well in Ruvuma Basin
Tanzania >> 1/9/2017 - Aminex provides the following update on the Company’s drilling activity in the Ruvuma Basin, Tanzania, where the Ntorya-2 appraisal well was spudded on 21 December 2016, with a planned total depth of ...
Tullow Agrees a Substantial Farm Down to Total for $900 Million
Uganda >> 1/9/2017 - Tullow Oil plc (Tullow) has agreed a substantial farm-down of its assets in Uganda to Total E&P Uganda B.V. (Total). A Sale and Purchase Agreement with an effective date of 1 January 2017 has been sig...
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation Egypt >> 1/6/2017 - Eng. Tarek El Molla Minister of Petroleum and Mineral Resources received Dr. Stelios Nicolaides, Director, Hydrocarbons Service, Ministry of Energy, Commerce, Industry and Tourism. In the presence of ...
Pacific Drilling Wins Drillship Contract Offshore Guinea
Pacific Drilling Wins Drillship Contract Offshore Guinea Guinea >> 1/6/2017 - Hyperdynamics Corporation has accepted a proposal from its drilling contractor, Pacific Drilling, to deploy the Pacific Scirocco drillship in place of the Pacific Bora for Hyperdynamics' upcoming deep...
Shell Battles Nigerian Communities in High-stakes London Lawsuit
Nigeria >> 1/6/2017 - A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases a...
Nigerian Oil Labour Union Suspends Strike at Total's Fuel Depots
Nigeria >> 1/6/2017 - Nigerian oil labour union Nupeng has suspended a strike at Total's fuel depots after an agreement was reached to end a row over sackings, a union official said. On Thursday, the union said it had orde...
Successful Workover of Avouma 2-H Well Produces 2,700 BOPD Gross
Gabon >> 1/5/2017 - VAALCO Energy, Inc. (VAALCO) announced that the Avouma 2-H well on the Avouma Platform offshore Gabon is back on production after utilizing a hydraulic workover unit to replace a failed Electric Subme...
Libya To Re-Open Last Major Oil Export Terminal
Libya >> 1/5/2017 - Libya is about to re-open the last major oil terminal that has been shut due to factions fighting in a move that would allow it to further increase oil exports, potentially putting pressure on oil pri...
Nigerian Union Orders Total Fuel Depot Strike over Sackings
Nigeria >> 1/5/2017 - A Nigerian oil labour union ordered an indefinite strike at Total fuel truck depots across the OPEC member nation on Thursday in protest against sackings. The Nigeria Union of Petroleum and Natural Ga...
Nigeria Resumes Payments to Former Niger Delta Militants
Nigeria >> 1/5/2017 - Nigeria has resumed payments of cash stipends to former militants agreed under a 2009 amnesty in the country's Niger Delta oil hub, a government official said. The government has been holding talks wi...
Angolan Lawyers Appeal Ruling on President Naming Daughter Oil CEO
Angola >> 1/4/2017 - Angolan lawyers, who argue that President Jose Eduardo dos Santos' billionaire daughter was illegally appointed as the chief executive of the state oil company, have applied for their case to be heard...
Oil Trader Gunvor Suing Cerberus over Failed Chevron Bid
South Africa >> 1/4/2017 - Oil trader Gunvor Group is suing Cerberus Capital Management, alleging that the private-equity firm is refusing to pay its share of costs incurred when the two companies made a failed $650 million bid...
Hyperdynamics Signs MSA with Schlumberger Offshore Guinea
Guinea >> 1/3/2017 - Hyperdynamics Corporation announced that SCS Corporation Ltd. (SCS), its wholly owned subsidiary, has signed a Master Service Agreement (MSA) with Schlumberger to provide essential drilling services f...
Morocco Picks Financial & Legal Advisers for LNG Import Plan
Morocco >> 1/3/2017 - Moroccan state-owned power utility ONEE has picked HSBC Middle East Limited as financial adviser for its plan to boost its imports of liquefied natural gas (LNG), ONEE said in a statement. It has also...
BW Offshore Signs Interim Extension Agreement for FPSO Abo
BW Offshore Signs Interim Extension Agreement for FPSO Abo Nigeria >> 1/3/2017 - BW Offshore has signed an interim extension agreement for FPSO Abo with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 20 January 2017. The short term extension has been agreed to se...
NNPC Awards 2017 Crude Oil Term Contracts to 39 Companies
Nigeria >> 1/3/2017 - State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said. The contracts covering about 1.31 million barrels per day (bpd...
France Tries EG Leader's Son in Absentia in Corruption Case
Equatorial Guinea >> 1/2/2017 - The son of Equatorial Guinea's president was put on trial in his absence in France, accused of buying palatial Parisian properties and exotic cars with money plundered from his native country, a small...
Equatorial Guinea's VP Obiang on Trial in France
Equatorial Guinea >> 1/2/2017 - Equatorial Guinea's flamboyant vice-president has gone trial in absentia in France on charges of corruption after he failed to stop the landmark case. Teodorin Obiang Nguema is accused of buying a man...
Tanzania's President Sacks Head of Power Firm over Tariff Hike
Tanzania >> 1/2/2017 - Tanzanian President John Magufuli sacked the head of the state-run electricity company on Sunday after the firm put up tariffs, a move the president said would stymie his plans to industrialize the ea...
Nigerian Ex-Militants Lose Confidence in Buhari over Restive Delta
Nigeria >> 1/1/2017 - A group of former Nigerian militants had lost confidence in the president's efforts to end attacks on oil facilities in the Niger Delta, a major goal in efforts to reach a lasting peace settlement. In...
Spectrum Starts its Gabon 3D Seismic Campaign
Gabon >> 12/31/2016 - Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has started the first of a series of 3D Multi-Client seismic acquisition programmes offshore Gabon.

The prog...
Shell's Kitatange-1 & Bunju-1 Wells in Tanzania Disappoint
Tanzania >> 12/29/2016 - Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time. The programme comprised Kitat...
Significant Assets Movements in Zohr Field
Significant Assets Movements in Zohr Field Egypt >> 12/28/2016 - Zohr Field has a big movement between its partners: ...
Eni Signs Concession Agreements for Two New Exploration Blocks
Eni Signs Concession Agreements for Two New Exploration Blocks Egypt >> 12/27/2016 - Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round...
France to Provide 175m Euros to Fund Egypt's Energy Sector
France to Provide 175m Euros to Fund Egypt's Energy Sector Egypt >> 12/27/2016 - France plans to provide 175 million euros to finance Egypt's energy sector, French Minister of Development and Francophone Jean-Marie Le Guen said during a meeting in Cairo with International Cooperat...
Kusile’s First Unit Online in South Africa
South Africa >> 12/27/2016 - The first unit of the Kusile power station was connected to the national grid for the first time last evening, a move that will add an extra 800MW to further stabilise the power system to support Sout...
Algeria’s Sonatrach to Boost Output 20% With New Projects
Algeria >> 12/25/2016 - Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years as new projects start up, Salah Mekmouche, the company’s vice...
New Strategical Gas Pipeline between Morocco & Nigeria
Nigeria >> 12/25/2016 - The governments of Nigeria and Morocco have signed a strategic partnership agreement and a memorandum of understanding to develop a new regional gas pipeline (Trans-African Pipeline) connecting the tw...
Leading Steering Committee Announced for WAIPEC 2017
Nigeria >> 12/23/2016 - Senior NNPC, SNEPCo, TOTAL E & P, First E & P and SEPLAT officials amongst representatives to build programme for WAIPEC 2017 . ...
Egypt Signs Second $1b Loan Tranche Agreement with World Bank
Egypt Signs Second $1b Loan Tranche Agreement with World Bank Egypt >> 12/22/2016 - Egypt's Minister of International Cooperation Sahar Nasr signed a second $1 billion tranche loan agreement with the director of the World Bank in Cairo. ...
Egypt Seeks to Import Crude Directly from Iraq
Egypt Seeks to Import Crude Directly from Iraq Egypt >> 12/22/2016 - Egypt's Petroleum Minister Tarek El Molla said his country was seeking to reach an agreement with Iraq over importing crude oil directly and that he hoped to finalise the deal by the first quarter of ...
Harvest Natural Resources to Sell Interests in Gabon
Gabon >> 12/22/2016 - Harvest Natural Resource, Inc. (HNR) and its wholly owned subsidiary, HNR Energia B.V., have entered into a Sale and Purchase Agreement with BW Energy Gabon Pte. Ltd, a private Singapore company, to s...
Eni's Acquisition of OPL 245 Given Legal Clearance
Nigeria >> 12/22/2016 - Eni takes note of the closure of the investigation and reaffirms the propriety of the transaction related to the acquisition of the OPL 245 operating license. Eni and Shell concluded the transaction w...
Successful Workover on Avouma Platform Offshore Gabon
Gabon >> 12/21/2016 - VAALCO Energy, Inc. (VAALCO) announced that the South Tchibala 2-H well is back on production after utilizing a hydraulic workover unit to replace a failed Electrical Submersible Pump (ESP) system. Th...
Quantum Power Awards Micoperi Ghana LNG EPC Contract
Ghana >> 12/21/2016 - Micoperi SPA signed an Engineering, Procurement and Construction (EPC) contract with Quantum Power Ghana Gas Limited (Quantum Power) for the Tema LNG import terminal located close to Accra in Ghana (T...
No Quick Fix for Jet Fuel Shortage in Nigeria
Nigeria >> 12/21/2016 - Nigeria is trying to import more jet fuel but air travelers tired of delays must be patient as a shortage of foreign currency will continue to hurt the airline industry, the minister of aviation said....
Aminex Spuds Ntorya-2 Well in Ruvuma Basin, Tanzania
Tanzania >> 12/21/2016 - Aminex has commenced drilling the Ntorya 2 appraisal well in the Ruvuma Basin, Tanzania. The well is being drilled to an estimated total depth of 2860 metres and is targeting the same channel complex ...
CEO of Angola's State-Run Oil Company Sacks Subsidiary's Board
Angola >> 12/20/2016 - The head of Angola's state oil company Sonangol has fired the executive committee of subsidiary Sonangol Exploration and Production, the company said. Sonangol's chief executive Isabel dos Santos, the...
Doosan to Supply Turbines & Generators to Egypt’s State Power Companies
Doosan to Supply Turbines & Generators to Egypt’s State Power Companies Egypt >> 12/20/2016 - Doosan Heavy Industries & Construction has reentered the Egyptian power market for the first time in six years, as well as winning successive orders in Africa since winning a project to improve the pe...
KBR Wins Engineering Services Contracts by BP International
KBR Wins Engineering Services Contracts by BP International Angola >> 12/19/2016 - KBR has been awarded two global agreements by BP International Limited; one for the provision of conceptual engineering services and another for the provision of pre-front end engineering design (FEED...
Angola Could Hold Tenders for All Fuel Imports Next Year
Angola >> 12/19/2016 - Sonangol, Angola's state-controlled oil company, said it could hold tenders for all fuel imports next year to cut costs, the Financial Times reported. A move could hurt Swiss commodities trading compa...
Flow-Cal Completes Project on Angola LNG Pipeline
Angola >> 12/19/2016 - Flow-Cal, Inc. recently completed a project for Angola LNG at Soyo in northern Angola. FLOWCAL Enterprise and TESTit are used to track and manage ALNG’s gas delivery on their extensive pipeline networ...
EMAS AMC Struggling to Pay Offshore Congo Vessel Fees
Congo >> 12/19/2016 - Reference is made the notification made on 16 December relating to outstanding charter hire under the charter party for the "Lewek Inspector". Forland Subsea AS has reached a temporary agreement with ...
Apex International Energy Expands Global Team
Apex International Energy Expands Global Team Egypt >> 12/19/2016 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has expanded its leadership team with the additions of David A...
Africa Oil Commences Drilling on Erut Prospect in Kenya
Kenya >> 12/19/2016 - Africa Oil Corp. (Africa Oil) is pleased to announce the resumption of drilling on Block 13T in Kenya. The Erut-1 well, which spudded on December 18th, is located on a large structural feature in the ...
ExxonMobil's Mesurado-1 Well in Block LB-13 Disappoints
Liberia >> 12/19/2016 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on offshore West Africa, announces the Mesurado-1 well operated by ExxonMobil Explo...
BP & Kosmos to Partner on World-Class Discoveries in Mauritania & Senegal
Mauritania >> 12/19/2016 - BP has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a 32.49% effective working interest in Kosmos’ Se...
Galp Approves Investment Plan for Coral South in Mozambique
Mozambique >> 12/19/2016 - Galp informs that its Board of Directors has approved the investment related to the Coral South area, the first development related to the discoveries made in the Area 4 of Mozambique’s Rovuma basin. ...
Sirius Signs ISM Contract with Schlumberger in Nigeria
Nigeria >> 12/19/2016 - Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, has entered into another milestone contract for the provision of an integrated serv...
Penspen Forms an Alliance with Crestech Engineering Ltd
Nigeria >> 12/19/2016 - Penspen, a leading provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership wi...
Aminex Preparing to Spud Ntorya-2 Appraisal Well
Tanzania >> 12/19/2016 - Aminex has now received formal approval from the Minister of Energy and Minerals in Tanzania to extend the current work period of the Nyuni Area PSA for a period of four years until at least 27th Octo...
MTN Partners with Engen in Rwandans Fuel Purchase Scheme
Rwanda >> 12/18/2016 - ENGEN customers can now purchase fuel, lubricants and other goods using MTN Mobile Money. With this launch, MTN Mobile Money customers will be able to make transactions at all 10 ENGEN stations in Kig...
Wartsila to Supply 40 MW Power Plant to Tanzania
Tanzania >> 12/16/2016 - Wartsila will supply a 40 MW Smart Power Generation plant to Geita Gold Mining Limited in Tanzania. The turn-key engineering, procurement and construction (EPC) order includes four Wartsila 32TS engin...
IFC Commits $517m to Support Ghana’s Sankofa Gas Project
Ghana >> 12/15/2016 - IFC and MIGA, members of the World Bank Group, today announced the commitment of $517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas ...
Receiving Updated NI-51-101 Resource Reports on Namibian Licenses
Namibia >> 12/15/2016 - Eco (Atlantic) Oil & Gas Ltd. (Eco Atlantic) has received an updated independent NI-51-101 Resource Report, (Resource Report) detailing the gross and net unrisked prospective resources for its’ Cooper...
Nigeria Flags Oil Output Rise Ahead Of Debt Deal with Majors
Nigeria >> 12/15/2016 - Nigeria's oil production has risen to close to 1.8 million barrels per day (bpd), oil minister Emmanuel Ibe Kachikwu said ahead of the expected signing of a deal over repayments of $5.1 billion in deb...
Egyptian – French Talks in the Oil & Gas Domain
Egyptian – French Talks in the Oil & Gas Domain Egypt >> 12/14/2016 - Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, received Maria Moraeus, ENGIE E&P Chief Executive Officer, where the two sides discussed bolstering relations and the available invest...
Petrofac Halting Tunisia Gas Output Again due to Protests
Tunisia >> 12/14/2016 - Oil and gas industry contractor Petrofac is halting gas production in Tunisia after two weeks of renewed protests on the southern Kerkennah islands, officials said. ...
Eni Clinches Deal with Sonatrach on Gas Supply Contract
Algeria >> 12/13/2016 - Italian oil and gas group Eni said it had reached an agreement with Algeria's Sonatrach over gas supplies for the gas year 2016-2017. No financial details were provided. Eni, the biggest foreign oil a...
Egypt Cancels Tender to Rent Third LNG Regasification Terminal
Egypt Cancels Tender to Rent Third LNG Regasification Terminal Egypt >> 12/13/2016 - Egypt has cancelled its tender to rent a third natural gas import (LNG) regasification terminal as it is no longer needed, Oil Minister Tarek El Molla told Reuters. ...
Eni Sells 30% Stake in Egypt's Zohr Gas Field to Rosneft
Eni Sells 30% Stake in Egypt's Zohr Gas Field to Rosneft Egypt >> 12/12/2016 - Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. Eni, through its subsidiary IEOC, currently h...
Minister of Petroleum to meet with Rosneft Chief Executive Igor Sechin
Minister of Petroleum to meet with Rosneft Chief Executive Igor Sechin Egypt >> 12/12/2016 - Rosneft Chief Executive Igor Sechin arrived yesterday in Cairo to meet tith Minister of Petroleum and Mineral Resources Tarek El Molla, to discuss existing and potential opportunities in Egypt’s oil a...
Receipt of Regulatory Approvals
Morocco >> 12/12/2016 - Sound Energy, the African and European focused upstream gas company, is pleased to announce, following receipt of regulatory approval, the transfer to the Company of the 75% operated interest in the S...
Impact Commences Acquisition of 3D Seismic Offshore Namibia
Namibia >> 12/12/2016 - Impact Oil and Gas (Impact), the African-focused pure exploration company, has started acquiring proprietary 3D seismic data offshore southern Namibia on Block 2913B. The Block, which has a water dept...
Gambia's President-Elect Says Loser Jammeh Cannot Reject Polls
Gambia >> 12/11/2016 - Gambia's President-elect Adama Barrow said that outgoing leader Yahya Jammeh had no authority to reject the results of the Dec. 1 election, while the United Nations and African Union piled pressure on...
Oil Truck Fireball Kills at Least 42 in Central Kenya
Kenya >> 12/11/2016 - A fireball from an oil lorry engulfed vehicles on one of Kenya's main highways, killing at least 42 people late on Saturday, a rescue worker at the scene said. The tanker lorry rammed into vehicles no...
Tanzania, Nigeria's Dangote Reach Natural Gas Supply Deal
Tanzania >> 12/10/2016 - Tanzania and Nigeria's Dangote Cement have reached a deal on the supply of natural gas to the firm's manufacturing plant in the East African country after negotiations stalled over prices, Tanzanian P...
Gambia President Jammeh Rejects Election’s Outcome
Gambia >> 12/9/2016 - Gambian President Yahya Jammeh said he rejects the outcome of last week's election that he lost to opposition leader Adama Barrow and called for fresh elections. The announcement made on state televis...
Opposition Leader Akufo-Addo Wins Presidential Election
Ghana >> 12/9/2016 - Opposition leader Nana Akufo-Addo won Ghana's national election, becoming president elect at the third attempt and cementing the country's reputation as a standard bearer of democracy in a region that...
Shell Appoints Gasser Hanter to Head Egypt Business
Shell Appoints Gasser Hanter to Head Egypt Business Egypt >> 12/8/2016 - Royal Dutch Shell has appointed Gasser Hanter to head its Egypt business. Hanter, who is Egyptian, was named as upstream vice-president and managing director in Egypt. He replaces Aidan Murphy, who ha...
LEKOIL Flowing Oil from Otakikpo Marginal Field
Nigeria >> 12/8/2016 - LEKOIL, the oil and gas exploration and development company with a focus on West Africa, is pleased to announce that oil is flowing at the Otakikpo Marginal Field to onshore storage tanks, where it wi...
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field
The Minister of Petroleum & Kuwaiti Ambassador Talks in Oil and Gas Field Egypt >> 12/7/2016 - Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources, received the Kuwaiti Ambassador to Egypt, Mohammed Saleh Al Thuwaikh where they reviewed joint cooperation domains between the two...
Mozambique Approves Changes to LNG Contracts with Anadarko, Eni
Mozambique >> 12/7/2016 - Mozambique's cabinet has approved changes to liquefied natural gas (LNG) contracts with U.S. oil major Anadarko and Italy's Eni to allow the two companies to sell the government's share of gas from pr...
Nigeria Oil Sales Should be Centralised in Sector Overhaul
Nigeria >> 12/7/2016 - Nigeria's oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country's long-awaited petroleum bill proposes, the head of state o...
Sao Tome to Terminate Oil Block with Sinopec-Sonangol JV
Sao Tome and Principe >> 12/7/2016 - Sao Tome and Principe has decided to terminate an oil concession granted to Sinoangol, a joint venture between China's and Angola's state-owned petroleum companies for "breach and violation" of their ...
Tanzania, Nigeria's Dangote Cement Haggle over Price of Natural Gas
Tanzania >> 12/7/2016 - Tanzania is in talks with Nigeria's Dangote Cement on the supply of natural gas to a manufacturing plant for the building material, but negotiations are currently held up over prices, said a governmen...
Egypt, China Sign $2.6B Currency Swap Boosting Pound Flotation
Egypt, China Sign $2.6B Currency Swap Boosting Pound Flotation Egypt >> 12/6/2016 - Egypt and China signed a currency-swap deal for about $2.6 billion, allowing the North African nation to shore up foreign reserves after floating its currency last month. ...
EGPC to Receive $200m Afreximbank Support
EGPC to Receive $200m Afreximbank Support Egypt >> 12/6/2016 - The African Export-Import Bank (Afreximbank) in Cairo signed a $200-million loan facility agreement with the Egyptian General Petroleum Company (EGPC) to support the expansion of electricity generatio...
Panoro Energy Updates OML 113 Arbitration Proceedings
Nigeria >> 12/6/2016 - Panoro Energy ASA (Panoro) provides an update on the OML 113 dispute with its joint venture partners. The Company, through its fully owned subsidiary, Pan Petroleum Aje Limited (PPAL), holds 6.502% pa...
Russia's Rosneft Offers $9.4 Billion in Local Bonds & Eyes Egyptian Investment
Egypt >> 12/5/2016 - Russian oil firm Rosneft opened the books for a 600 billion rouble ($9.4 billion) bond sale to raise money for foreign projects, and said it was interested in an offshore concession in Egypt. ...
Rosneft Board to Discuss Buying Stake in Shorouk Concession
Rosneft Board to Discuss Buying Stake in Shorouk Concession Egypt >> 12/5/2016 - The board of Russia's Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession, offshore Egypt, the company said. ...
Hyperdynamics Signs LoI for a 20% Interest in Guinea Concession
Guinea >> 12/5/2016 - Hyperdynamics Corporation has signed a Letter of Intent (LOI) with South Atlantic Petroleum Limited (SAPETRO) under which the two companies will negotiate the assignment of a participating interest in...
Panoro Energy ASA Updates OML 113
Nigeria >> 12/5/2016 - Panoro Energy ASA (Panoro) is in disagreement with its joint venture partners in OML 113 in Nigeria regarding a cash call default notice. Panoro has initiated legal proceedings and intends to initiate...
NNPC / TEPNG JV Start Gas Flows to Alaoji Power Plant
Nigeria >> 12/5/2016 - The Nigerian National Petroleum Corporation (NNPC) / Total E&P Nigeria Limited (TEPNG) joint venture has commenced supply of gas to the Alaoji Power Plant owned by the Niger Delta Power Holding Compan...
Aminex Provides Update on Tanzania Operations
Tanzania >> 12/5/2016 - Aminex provides an operational update for the Ruvuma PSA and the Kiliwani North Development Licence. ...

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