Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA. The Company is also pleased to update the markets on a significant increase in the Egina oil field production.  Prime has distributed a $75.0 million dividend with a net payment to Africa Oil of $37.5 million related to its 50% […]

Karpowership SA (KPSA), a South African company that is 49% Black owned, welcomes the  announcement made by the Department of Mineral Resources and Energy (DMRE) appointing KPSA  as a Preferred Bidder for projects in the Ports of Coega, Saldanha and Richards Bay, to provide power  to South Africa’s national electricity grid under the Risk Mitigation […]

 Invictus Energy Limited (“Invictus” or “the Company”), is pleased to provide an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Seismic Campaign Update Following the award of the seismic acquisition contract to Polaris Natural Resources Inc. (“Polaris”) as announced on 21 April 2021 on the ASX platform, the […]

Midwestern Oil & Gas Limited has recently revealed that the reverse take-over (RTO) offer to San Leon Energy Plc, an energy company listed in the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). Midwestern currently holds more than 10% of San Leon’s shares and would end up holding a majority of the shares […]

A Commercial High Court in Ghana has ruled that 30 per cent of revenues from Eni Exploration and Production Ghana Limited’s Sankofa field be placed in an interest-bearing account until the final determination of the unitisation case. Eni and Springfield must agree on the account in which the money should be placed, it said, adding […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced its audited final results for the year ended 31 December 2020.  Corporate ·Completed the return of approximately US$33.8 million to shareholders during the first half of 2020 delivering on the Company’s commitment to shareholder returns. ·The Company entered into […]

(Le Nouveau Gabon) – In an announcement published in the press on June 22, the Chinese Cnooc International announces that it is looking for investors for the drilling of oil wells in Gabon and Senegal. “ Cnooc International invites interested parties with technical, financial and operational capacities to participate in its international public prequalification process for […]

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 […]