The Federal High Court sitting in Yenagoa, Bayelsa State on Tuesday delivered a landmark judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian Content Development Fund (NCDF) levy from every contract awarded in the Nigerian oil and gas upstream transaction as mandated under section 104 […]

Integrated solutions specialists EnerMech has strengthened its footprint in the LNG market after securing four contracts with Angola LNG Limited (ALNG). As a result, the business has completed a recruitment drive to secure a significant number of Angolan nationals to support across the projects. The business will deliver an extensive three-year general maintenance contract to […]

Afentra has announced completion of the acquisition from INA-Industrija d.d. (‘INA’) of a 4% interest in Block 3/05 and 4% interest(1) in Block 3/05A offshore Angola (the ‘INA Acquisition’) pursuant to a sale and purchase agreement between INA and Afentra’s wholly owned subsidiary, Afentra (Angola) Ltd, dated 18 July 2022 (‘SPA’). This acquisition marks Afentra’s […]

The utmost desire of Nigeria present administration is successful completion and subsequent commissioning of its numerous laudable projects across the country before the expiration of its tenure is seems to be falling in line as planned.  The recent commissioned Lekki Deep Sea Port in Lagos, The soon to be commissioned 650,000 barrels Dangote Refinery, The […]

Namibia’s power utility, NamPower, and CERIM Luderitz Energy, a joint venture between Energy China and locally owned Riminii Investments, on Monday signed power purchase and transmission connection agreements to develop a 50 MW wind power plant in the coastal town of Luderitz, southwestern Namibia. WINDHOEK, April 18 (Xinhua) — Namibia’s power utility, NamPower, and CERIM […]

Tullow Oil has declared major investment plans to inject close to 1.4 billion dollars (832 billion FCFA) in the oil exploration and production sector in Gabon. This investment will be spread over the next four years, officials of this company indicated during a recent audience with the Minister of Oil, Vincent de Paul Massassa. Tullow Oil […]

The British company BW Energy with major E&P asset in Gabon has in recent months increased its oil production on the Hibiscus/Ruche field in Gabon. The significant crude oil production increase is attributed to the start-up of the “Mabomo” mobile production unit with MOBOMO meaning wealth in a Gabonese language. The oil production enhancement unit which […]

Eni has begun offloading the first LNG cargo into Snam’s new regasification terminal in Piombino today, in the presence of the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin. The terminal has a total processing capacity of 5 billion cubic metres per year, or approximately 7% of Italy’s gas demand. The LNG was […]

The dream of a Africa French speaking country in achieving sufficiency in domestic gas is not far from reality. This following the arrival of the first equipment packages needed to finalize the construction of the LPG (liquefied petroleum gas or butane gas) production plant in Batanga, in the Ogooué-Maritime province of Gabon in Port-Gentil as […]

Gabon resilient pursuit to up its crude oil production level has been championed by Perenco. The oil company via its recent update on April 27, 2023 to the Minister of Oil, Vincent de Paul Massassa has stated its various initiated projects in Gabon. According to New Garbo media, the company has disclosed its plans to develop […]