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Continental News

Angola’s Future Gas Investment Roadmap Is Taking Shape

Angola has launched a public consultation for its draft National Gas Master Plan (NGMP). Representing the next step in the implementation of the policy, the public consultation provides members of the public with the opportunity to offer their comments, criticisms and suggestions. The NGMP will be available on the Ministry of Mineral Resources, Petroleum and […]

Oilfield Africa - Monday October 28, 2024
Senegal unveils 25-year economic Development Plan

Senegal’s government unveiled a 25-year development plan that it said would lay the foundations for economic sovereignty through competitiveness, sustainable resource management and good governance. The agenda was launched seven months after President Bassirou Diomaye Faye clinched a landslide election victory on a promise to improve livelihoods in the West African nation. “We aim to […]

Oilfield Africa - Monday October 28, 2024
Eni, Others resume E&P Operations in Libya

Libya’s national oil corporation (NOC) has disclosed that Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, According to the National Oil Corporation (NOC), Repsol, the Spanish oil company, is equally preparing to restart drilling in the Murzuq Basin, while Austria’s OMV plans […]

Oilfield Africa - Monday October 28, 2024
GTT Wins Service Contract For Eni’s Coral Sul FLNG

GTT, the technology expert in membrane containment systems for the transport and storage of liquefied gases, has won a service contract with Coral FLNG for Eni’s Coral Sul FLNG barge. Eni is the delegated operator of the Coral Sul FLNG project on behalf of Area 4 partners. The FLNG is located off the coast of […]

Oilfield Africa - Tuesday October 22, 2024
Panoro Energy Releases Dussafu Operations Update

Panoro Energy has safely and successfully delivered the current production drilling campaign at Dussafu, which was expanded to eight wells in order to accommodate the fast-track development of the two new discoveries which were announced in May 2024. With five out of the eight wells presently onstream, in addition to the six pre-existing wells at […]

Oilfield Africa - Tuesday October 22, 2024
Nigerian Upstream Regulatory Body Launches Project 1MMBOPD Short Term Initiative

…Celebrates Three Years Of Transformation And Innovation Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially unveiled the Commission’s initiative project to increase Nigerian crude oil production by an additional one million barrels per day (1mbpd) within a short-term period. The project launching event, recently held in Abuja, Nigeria, was attended by the crème de la […]

Oilfield Africa - Tuesday October 22, 2024
NCDMB Signs MoU with UBEC on Smart Schools Initiative

The Nigerian Content Development and Monitoring Board (NCDMB) and the Universal Basic Education Commission (UBEC) on Thursday signed a Memorandum of Understanding (MOU) to implement the NCDMB-UBEC Smart Schools Development Initiative (NUSSDI). The MoU will enable the provision of educational infrastructure, particularly in areas with high rates of out-of-school children as well as underserved rural […]

Oilfield Africa - Monday October 21, 2024
Sound Energy Gives Update On Moroccan Assets

Sound Energy, the transition energy company, announces that further to the announcement of 14 June 2024 regarding the entry into a conditional binding Sale and Purchase Agreement, (SPA) for the partial divestment by Sound Energy (AIM: SOU), of its Moroccan assets by way of the disposal by the Company of the entire issued share capital […]

Oilfield Africa - Monday October 21, 2024
Scatec starts battery energy storage project in South Africa

Scatec ASA, a leading renewable energy provider, has reached financial close for the Mogobe battery energy storage system (“BESS”) facility totaling 103 MW / 412 MWh and is now making final preparations to start construction of the project. Mogobe BESS was awarded a 15-year power purchase agreement (PPA) under the first bid window of the […]

Oilfield Africa - Monday October 21, 2024
Tower Resources Gives Farm-out Update in Cameroon

Tower Resources the AIM-listed oil and gas company focused on Africa, is pleased to provide an update on the farm-out process in respect of its Thali production-sharing contract in Cameroon (the “PSC”). The Company is also announcing a placing of 4,401,851,851 ordinary shares of 0.001p each (the “Subscription Shares”) at a price of 0.027p per Placing Share (the […]

Oilfield Africa - Monday October 21, 2024

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