LEKOIL an oil and gas exploration and production company with a focus on Nigeria and West Africa has announced operational and trading update in respect of the Otakikpo Marginal Field the Company’s sole producing asset. Otakikpo Joint Venture is made up of Green Energy International Limited, the Operator of the Otakikpo Marginal Field, and the […]
The recent unequivocal commitment shown by Nigeria present government on gas driven economic development has been seen as a good approach in monetization of the nation abundant natural gas reserves. This latest assurance is coming from the Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari in an interactive section with the media. […]
San Leon has announced that the parties have agreed to extend the completion date of Oza oilfield to first quarter of 2021. This is Further to its previous announcements regarding its proposed investment in Decklar Petroleum Limited and the Oza Field in Nigeria, The company in its previous announcement has blamed the prevailing worldwide restrictions […]
The FPSO will be deployed at the Sangomar field located approximately 100 kilometers south of Dakar, Senegal. The Sangomar Field Development is expected to be Senegal’s first offshore oil development. Scheduled for delivery in 2023, the FPSO vessel will be permanently moored at a water depth of approximately 780 meters by an External Turret mooring […]
Chariot Oil & Gas Limited an Africa focused transition energy company has announced that it has negotiated the key terms of a new licence, Rissana Offshore in Morocco. The formal award of the licence is anticipated to occur in 2021 and is subject to the normal Moroccan regulatory procedures and approvals. According to the new […]
The Luiperd-1X well was opened to flow on November 1, 2020. After several tests at different choke settings, the well reached a maximum constrained flowrate through a 58/64″ choke of 33 million cubic feet per day of natural gas (“MMcfpd”) and 4,320 barrels of condensate per day (“bcpd”), an aggregate of approximately 9,820 barrels of oil […]
The Algerian Minister of Energy, Abdelmadjid Attar, has recently met with the Chief Executive Officer of Eni, Claudio Descalzi, in Algiers to consolidate further the company’s activities in the country, future projects and to discuss the energy transition, central to Eni’s new strategy. In the same vein, Claudio Descalzi also met with the CEO of […]
The Nigeria Petroleum regulatory body Department of Petroleum Resources (DPR) stated that it will collaborate with the Oil Producers Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry for business sustainability in the oil and gas industry in creating wealth for the economy. A statement issued by Mr Paul Osu, Head, Public Affairs, […]
Uganda has recently granted environmental approval for a $3.5 billion pipeline to export crude oil from western fields to the Indian Ocean coast in Tanzania, irrespective of perceived environment adverse implications. Conversely, The Chad 1,070 kilometre crude export pipeline facility, which pumps crude oil from three fields in the southwest of the country to a […]
VAALCO Energy has announced that the acquisition of three dimensional (“3-D”) seismic data at the Etame Marin block offshore Gabon has been completed. The company in the press release, said it has also Completed the acquisition of nearly 1,000 square kilometers of new dual-azimuth proprietary 3-D seismic data over the entire Etame Marin block which […]
