Total SE has asked some staff to vacate its $20 billion Mozambique liquefied natural gas project as Islamist militants are staging attacks increasingly closer to the site. Fighters linked to Islamic State raided a town less than 5 kilometers (3 miles) from the construction camp this week of what is Africa’s largest private investment, ratcheting up […]
Eni has announced a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production. The well encountered 85 feet of oil column in the […]
The National Oil, Gas and Biofuels Agency, as a national concessionaire, has announced its intention to hold an international tender for the award of new oil concessions in Angola on April 30, 2021.There are nine blocks that are going to tender: three in the Terrestrial Basin of Lower Congo and six in the Terrestrial Basin […]
The Nigerian petroleum regulatory body Department of Petroleum Resources (DPR), has said that 161 successful companies have been shortlisted to advance to the next and final stage of the bid round process for 57 marginal oilfields in the country. Mr Paul Osu, Head, Public Affairs, DPR, disclosed this recently in Lagos that the firms were […]
Zenith Energy the listed international oil & gas production company focused on pursuing African development opportunities, has announced that it has successfully received official confirmation from the Ministry of Hydrocarbons of the Republic of the Congo that its local subsidiary, Zenith Energy Congo SA (“Zenith Congo”), has been selected as the successful bidder for the award of […]
The shareholders and Board of Directors of the Nigeria Liquefied Natural Gas (NLNG) on September 11, 2019 moved a step closer to the final investment decision (FID) for the construction of the Train 7 of the multi-billion dollar gas project The shareholders – the Nigerian National Petroleum Corporation(49 percent), Shell Gas B.V.(25.6 percent), Total Gaz Electricite Holdings […]
Daewoo Engineering & Construction (E&C) has been awarded LNG plant construction project in Mozambique at the cost of 500 billion. The feat is coming not too long after it won a joint construction NLNG Train 7 project at the cost of 5-trillion-won order for an LNG plant in Nigeria in May. The builder announced on […]
Total, operator, and its partners Equinor, ExxonMobil and BP have signed an agreement with national oil, gas and biofuels agency ANPG and state-owned Sonangol of Angola, to extend their consortium’s production licenses to 2045. As part of the agreement, Sonangol will obtain a 5% interest in Block 17 on the effective date and an additional […]
VAALCO Energy has announced that sequel to its former position on the acquisition from Sasol Gabon S.A. (“Sasol”) of Sasol’s 27.8% working interest(1) in the Etame Marin block offshore Gabon, the other joint owners in the Etame Marin block have not exercised their pre-emptive rights. As a result, VAALCO will now move forward with acquiring Sasol’s […]
Seplat Petroleum Development Company a Nigeria based exploration and Production Company has announced a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited (Waltersmith). The CPA is for the supply of between 2,000 and 4,000 bopd from existing working-interest production from the Ohaji South Field within OML53, for Waltersmith’s new 5,000 bopd modular refinery at […]
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