The Republic of Congo Tango FLNG will produce its first LNG cargo by the first quarter of 2024. This milestone achievement is following the recent Eni announcement that it will be introducing first gas into the Tango Floating Liquefied Natural Gas (FLNG) facility which is currently moored in Congolese waters. This great feat has placed Republic of Congo on the list of LNG-producing countries. Gas introduction […]

The National Agency for Oil, Gas and Biofuels and Azule Energy has signed the Risk Service Contracts (RSCs) for offshore Blocks 46 and 47 in partnership with Equinor and Sonangol Pesquisa e Produção, S.A. (Sonangol P&P), and for Block 18/15 in partnership with Sonangol P&P.  The RSCs, resulting from direct negotiations, represent another positive development […]

Capricorn has noted the Woodside Petroleum’s announcement regarding the departure from Singapore of the FPSO for Woodside’s Sangomar Field development offshore Senegal. And as defined in the sale and purchase agreement, Capricorn may become entitled to a contingent payment of either $25m or $50m if the average Brent oil price during the first six months […]

Invictus Energy has successfully raised A$15.0 million through an Institutional Placement to continue funding operations at its 80% owned and operated Cabora Bassa Project in Zimbabwe.  The capital will ensure the Company is well funded for a range of activities to roll out at it’s Cabora Bassa project in Northern Zimbabwe. Earlier this month Invictus […]

……$500m Deal Signed In Beijing Bergen Engines, formerly Rolls-Royce Bergen Engines, has signed an agreement with CGGC-UNPOWER, the Chinese infrastructure provider, to supply 80 of its largest engines fitted with Marelli Motori alternators to Malatex, the Nigerian power company. Phase one of the project – 200MW of power, provided by 16 Bergen B36:45V20AG gas-fired 12.5MW […]

Senegal is about to ink the West African country among the league of top crude producer as the back nation African country receives her maiden FPSO vessel for offshore operations in Sangomar Oilfield.  In its recent media release, Woodside Energy said that the has achieved another significant step forward for the Sangomar Project with the […]

Eni, through its branch Eni North Africa, and the International Organization for Migration (IOM) have signed a voluntary 5-year-term cooperation agreement to contribute to increase income of youths and to facilitate the access to economic opportunities in Libya’s Fezzan region.  The project will benefit 850 trainees, both female and male, and will enhance their professional […]

…Achieves Mechanical Completion, Flare Start-up of Refinery’s Area 5 Plant The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work has been ongoing at the Refinery for over two years and the NNPC […]

An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London’s High Court Reuters has reported. The West African country was on the hook for the sum – representing around a third of its foreign exchange reserves – after a little-known British […]

The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facilityat Idu, Abuja. The commissioning was performed by the Minister […]