Tanzania Petroleum Development Corporation’s Managing Director, Dr James Mataragio said in Dar es Salaam recently that the government in talks with the consortium of International Oil Companies led by Royal Dutch Shell and Equinor in paving way for the country LNG final investment decision. He noted that progress has been made with TPDC paying over […]
Nigeria Government asked a court in Milan to order Royal Dutch Shell and Eni to pay the sum of $1.092 billion as an immediate advance payment for damages in the Malabu oil scandal, one of the oil industry’s biggest-ever corruption scandals. During the hearing into the corruption allegation linked to the acquisition of the OPL […]
South Sudan’s state-controlled Nile Petroleum Corporation (Nilepet) is on the verge of taken over the management of some oilfields in the country by 2027, when the operatorship contract of these oilfields with China National Petroleum Corporation (CNPC) is expected to expire. Nilepet’s managing director Chol Deng Thon Abel told Bloomberg in a recent interview. CNPC […]
Sahara Energy Logistics Holding Limited (a Sahara Group company) and Société Nationale d’Opérations Pétrolières de la Cote d’Ivoire (The National Oil Company of Cote d’Ivoire, Petroci Holding), have entered into a Joint Venture Agreement (JVA) to facilitate the construction of a 12,000 Metric Tonnes Liquefied Petroleum Gas (LPG) storage facility to guarantee LPG supply security in […]
Ramform Sovereign has completed a large acquisition project offshore Angola using multisensor GeoStreamer technology. Operational and geological objectives were achieved successfully and safely, despite the Covid-19 restrictions. The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia, completing a large MultiClient footprint of […]
Zenith Energy Ltd, the listed international oil & gas production company, is pleased to announce that it has successfully pre-qualified in the 2020 Marginal Field Bid Round organised by the Nigerian Department of Petroleum Resources. As announced on June 16, 2020, the Company is participating in the 2020 Bid Round in the capacity of technical and financial partner to […]
Total E&P Nigeria Limited (TEPNG) has commended the forthcoming approval of Nigeria’s Petroleum Industry Bill (PIB) with high optimism that it will open the door for new investments into the country’s oil and gas industry. “[Total] is keen to continue to invest in Nigeria and to contribute constructively to the ongoing debate about the Petroleum […]
The Nation’s Department of Petroleum Resources (DPR) says with five built refinery plants across the country and seven in the making, Nigeria will be a net exporter of petroleum products in the next two years. The Director and Chief Executive Officer of DPR, Sarki Auwalu disclosed this in Lagos when the Minister of Information and Culture, […]
Nigerian integrated oilfield services provider, RusselSmith, has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company, to introduce a range of autonomous subsea robotic technologies to the Nigerian market. The robotic solutions are designed to perform inspection, repair and maintenance tasks on subsea pipelines, with the distinct advantage of being able to assess and […]
ReconAfrica has reported that it is now funded to initiate and complete a three well drilling program in the most opportune parts of Kavango Basin, with the initial goal of establishing an active Permian aged petroleum system. ReconAfrica is scheduling the spud of the first well (6-2) early December, 2020 but is aware additional logistical […]
