Nigerian Energy Sector has continued to attract International investment Interest as NNPC CEO Met with Daewoo in South Korea. This recent global investment prominence on Nigeria Energy sector is coming days after a milestone meeting in a bid to fast-track the process of achieving the Final Investment Decision (FID) on Nigeria-Morocco Gas Pipeline Project The […]
Sintana Energy has disclosed update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as the one of the world’s most prospective oil and gas regions. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp […]
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on the sidelines of a meeting between the Honourable Minister of State for Petroleum Resources (Gas), […]
Bowleven, the Africa focused oil and gas group with a key interests in Cameroon, has announced that it has been informed by New Age (African Global Energy) Limited, the operator of the Etinde JV, that New Age has received a Notification of Termination from a subsidiary of Perenco S.A. which terminates the conditional sale of […]
The Final negotiations for the financing and construction of Uganda’s USD 4 billion domestic refinery has begun this month after Alpha MBM Investments from the United Arab Emirates was chosen by the government of Uganda as preferred bidder the country ministry announced. Ms Ruth Nankabirwa, Uganda’s Minister of Energy and Mineral Development made the breakthrough […]
With Nigeria’s oil export curtailed by massive pipeline vandalism and oil theft, the Chairman/GCEO, Oilserv Group, Engr. Emeka Okwuosa, CON has blamed obsolete pipeline systems that lack the latest monitoring technology for the constant attacks on the crude oil pipelines across the Niger Delta region. Dr. Okwuosa who disclosed this at the Nigeria International Pipeline Technology and Security […]
Nigeria plan to harness her abundant natural gas resources is concomitantly taken another positive dimension with the taken off of another 3-MPTA FLMG project coming for mohths after a milestone signing of UTM FLNG Head of Term between NNPC and other major investors. The design validation and Pre-FEED phase for two 3-Mtpa FLNG Projects […]
The National Agency of Petroleum, Gas and Biofuels (ANPG) have finally disclosed the selected preferred bidders of the country 2023 onshore licensing bid round. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola and acting as National […]
Serinus Energy has been chosen as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Agência Nacional De Petróleo, Gás E Biocombustíveis (“ANPG”) in the coming days. In November 2023, the Company submitted […]
Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, submitted an application for two blocks in Angola’s 2023 onshore bid round and has been informed that it has been selected as preferred bidder for both blocks. infrastructure allowing rapid commercialisation. Afentra have been chosen as a non-operated preferred […]
