In line with the unwavering commitment of the Nigerian Content Development & Monitoring Board NCDMB to further deepen its footprints in the Nigeria oil and gas industrial sector, the Executive Secretary, Engr. Felix Omatsola Ogbe has disclosed the board concluded plans to establish three NCDMB zonal offices across the Niger Delta region. Unveiling this laudable […]

Sintana Energy has provided further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp Energia of Portugal. Sintana maintains an indirect 49% interest in Custos Energy (Pty) […]

Nigeria’s relentless bid to ramp up crude production has remained unabated in recent times, this quest can be related to Shelf Drilling’s new drilling award for the Main Pass IV jack-up rig for operations offshore Nigeria. According to the firm, the contract is approximately two years and is scheduled to begin in December 2024. Shelf […]

Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed in Abidjan the contracts for the acquisition of 4 new exploration blocks in the country’s offshore. The signing, which further consolidates Eni’s presence in Côte d’Ivoire, took place on the occasion of the first edition of SIREXE, the International Exhibition of […]

Invictus Energy announced that the independent review of the Petroleum Production Sharing Agreement (PPSA) has been submitted by external European legal counsel. This review, facilitated through the Africa Legal Service Facility, marks a significant milestone in the development of the Company’s exploration and production activities.  Geo Associates (Pvt) Ltd (Geo Associates), the Company’s 80% owned subsidiary […]

The NNPC Ltd.’s new Executive Vice President, Upstream (EVP), Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency, and efficiency. Ntia, spoke during an Upstream Governance, Risk and Compliance Workshop themed “Enhancing Governance, Risk and Compliance in Nigeria’s Upstream Sector” held in Lagos, on […]

Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024 World Anti-corruption Day on Thursday, 5th December at the Nigerian Content Tower, Bayelsa State. The theme of this year’s celebration is “Effective Whistleblowers […]

Arab African International Bank (AAIB) today issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), to advance Egypt’s green transition and micro, small, and medium-sized enterprises (MSMEs). The sustainability bond is the first in Egypt – and the largest issued by a private bank […]

Africa Energy announces that the Company, through its investment in Main Street 1549 Pty Ltd, has formally become the operator of Block 11B/12B offshore South Africa. Main Street is currently in the process of obtaining all the important information from the previous operator, including drilling, reservoir, and development engineering data. Main Street is in the process of […]

Eni announced the publication of its first local sustainability report for Côte d’Ivoire, outlining the company’s achievements and future goals for the benefit of local stakeholders. The launch ceremony was attended by representatives from institutions, non-governmental organizations, suppliers, and partners involved in Eni’s projects in the country.     “Since the discovery of the Baleine field in […]