TGS, a global leading provider of multi-client geoscience data for exploration & production companies, has recently announced the acquisition of its latest 3D survey SN-UDO-19, offshore Senegal. This latest stand-alone survey is located in northern Senegal. This unprecedented fit is sequel to a further recently completed survey, SS-UDO-19, in the southern part of the country. […]

Somalia has kicked off an initial roadmap with Shell and Exxon as joint venture partners to explore and develop potential offshore oil and gas reserves, Somalia the Ministry of Petroleum and Mineral Resources announced. “I am delighted we have agreed an initial roadmap with the Shell/Exxon joint venture. This gives us confidence in (the)ability to […]

PetroNor has announced that the Company has reached a mutual agreement with the Government of Senegal to suspend the Arbitration related to the Rufisque Offshore Profond and Senegal Offshore Sud Profond licence areas for a period of six months with a view to reaching a satisfactory outcome for all parties. A formal request has been […]

Mozambique’s National Petroleum Institute is expecting Exxon Mobil’s final investment decision[ FID)  on a $30 billion prolific Rovuma gas project north of the country in 2021, the country recently proclaimed, but this speculation was allegedly dismissed by the company. “The final investment decision of the Rovuma LNG project has been postponed to, in principle, next […]

Aker Energy Ghana Limited (“Aker Energy”) reaffirms its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. “In a time when most other E&P companies are putting development projects on the shelf due to the COVID-19 situation and historic low oil prices, Aker […]

On the verge of covid 19 pandemic, the Nigeria’s Department of Petroleum Resources(DPR) has ordered oil and gas companies operating in the country to downsize their workforce and practice social distancing as a tightening measures to cushion the corona virus outbreak. The regulatory body ordered oil and gas companies particularly the multinational, indigenous E & […]

The Nigerian Content Development and Monitoring Board (NCDMB) has approved the Nigerian Content Compliance Certificate (NCCC) and Approved Vendors Lists (AVLs) for the Nigeria LNG Train 7 Project. The approval gives NLNG the final clearance to award the project to Saipem, Chiyoda, Daewoo Consortium and commence the execution, having previously signed the Letter Of Intent […]

Nigeria-focused Oil Company Lekoil a Nigerian indigenous exploration and production company has of recent announced reduction of its workforce numbers which is believed to be unconnected with the prevalence of global covid 19 pandemic but as part of the “immediate and accelerated” implementation of the company’s general and administrative (“G&A”) cost reduction measures. “These measures […]

The U.S. Trade and Development Agency has awarded a grant to NNPC Gas and Power Investment Company LTD (GPIC) to provide the technical, economic and financial analysis necessary for the development of a 1,350-megawatt combined cycle, natural gas-fired power plant in Abuja. The project will utilize indigenous gas resources to address the growing demand for […]