Reconnaissance Energy Africa Ltd.  has  reported that, following a hearing in connection with a recent application filed by certain third party applicants with the High Court of Namibia challenging the recent amendments to the Company’s Environmental Compliance Certificate that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism, the […]

Sirius, an African focused oil & gas production and development company,  said that its JV partner, COPDC, has received the requisite approvals from the Nigerian National Petroleum Corporation (NNPC) that enables the company to proceed with the drawdown of financing in order to commence Phase 1 of the Approved Work Programme (AWP) in respect of […]

bp and Eni have confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now Angola’s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing to about 250,000 barrels equivalent a day (boe/d) […]

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, is pleased to announce that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline.     The 67km mostly underground pipeline is expected to provide a more reliable and secure export route for liquids […]

As part of the rollout of its multi-energy strategy in Angola, TotalEnergies has announced the launch of the Begonia oil field, and Quiluma and Maboqueiro gas fields developments, as well as its first photovoltaic project in the country, with a capacity of 35 MWp and the possibility of adding 45 MWp in a second phase. […]

Genser Energy has announced successful  8-year financial  funding package of USD425m. The funds, which comprise of a syndicated senior loan facility of USD325m and a USD100m mezzanine loan facility, will be used to refinance existing debt and finance the next phase of expansion projects including: __a 100km natural gas pipeline to Ghana’s second largest city, […]

independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made by Decklar Resources Inc. (“Decklar”) in Canada.  San Leon has a 11% shareholding in Decklar Petroleum Limited (“DPL”), the local subsidiary of Decklar operating in Nigeria, and has also made a US$5.5 million loan to DPL, via 10% per annum […]

The Gabonese government has undertaken to carry out an audit of the oil sector. This commitment is contained in Gabon’s Memorandum on Economic and Financial Policies (MEFP). The document is attached to the letter of intent addressed by Libreville to the International Monetary Fund (IMF), to benefit from financing from the financial institution last June according to […]

Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The excellent results have allowed to increase by around 25% the volumes of hydrocarbons in place of the Baleine Field, which are now estimated at 2.5 billion barrels of […]

Eni and its Partners in the New Gas Consortium (NGC), Chevron’s affiliate in Angola Cabinda Gulf Oil Company Limited (CABGOC), Sonangol P&P, bp and TotalEnergies, together with Angola’s National Agency for Oil, Gas and Biofuels ANPG, are pleased to announce that the Final Investment Decision (FID) for the development of the Quiluma and Maboqueiro (Q&M) […]