San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the equity of Energy Link Infrastructure (Malta) Limited (“ELI”), the company which owns the Alternative Crude Oil Evacuation System (“ACOES”) project. The […]

A top global ICT infrastructure provider, Huawei, has introduced new ICT solutions for higher safety and efficiency in the oil and gas industry in Nigeria. While participating at the Nigeria International Petroleum Summit 2021, Huawei hosted a forum to discuss how to drive data to barrel and set up an exhibition booth to showcase its […]

FAR Limited has locked in the timetable for drilling the Bambo-1 well offshore The Gambia by executing a contract with Stena Drillmax Ice Limited to commence drilling operations in Q4 of this year. The Bambo-1 well in Block A2 offshore The Gambia, is designed to drill into 3 prospects with a total estimated recoverable, prospective […]

The West African country’s crude production has been languishing at only two-thirds of its full capacity this year due to these factors along with its obligations under the OPEC+ production cuts. And, with further fiscal and security uncertainties ahead, the outlook for the country’s oil sector is likely to come under pressure despite the implementation […]

Angolan state oil company Sonangol said that it is selling, in part, its stakes held in eight oil blocks to reassess its investment portfolio, ensure compliance and implementation of its exploration and production strategy, from 2 to 10 percent by 2027. The stakes are those held in offshore and onshore blocks, mostly in operation, and […]

The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa Ltd. (the (ReconAfrica) have  announced the execution of a Joint Operating Agreement (“JOA”) to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia.  Under the agreement, the two companies will jointly pursue an ongoing petroleum exploration program in the Kavango East and […]

Proven gas deposits in Nigeria have moved 206.53 trillion cubic feet, the Department of Petroleum Resources (DPR) said yesterday in Abuja. Speaking at the Nigeria International Petroleum Summit, Director of DPR, Auwalu Sarki disclosed that indigenous oil and gas companies are now contributing as much as 33 per cent to the nation’s crude oil reserves […]

T.D. Williamson (TDW), the global solutions provider, completed its first SmartPlug® isolation in offshore Nigeria, working for a major operator through its local partner, Strides Energy & Maritime Ltd. (Strides). Isolating the 267-km (165-mi) natural gas pipeline enabled the safe change-out and leak testing of platform valves without depressurizing the system. This was the latest […]

The projects for the development of the oil and gas resources of the Lake Albert region and the cross-border pipeline are situated in a sensitive social and environmental context that requires special measures for the environment and the rights of the local communities. The Lake Albert region in Uganda has major oil and gas resources, […]

Yinson has been selected by Total to perform preliminary Front-End Engineering Design (pre-FEED) for two FPSO projects to be installed in the Block 20/21 in Angola and Block 58 in Suriname. The Angola project will be installed at around 1400m, located 160km from Luanda, while the Suriname project will be installed at around 2000m, located […]