Decklar Resources has announced the commencement of the shipment of crude oil via trucks from the Oza Oil Field to the UPIL crude handling facilities for further transfer to the SPDC Joint Venture Forcados Oil Export Terminal via the Umugini Pipeline. Oza Field Oil Export Operations Decklar and its co-venturer Millenium Oil & Gas Company […]
LEKOIL the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides a summary of ongoing litigation with Mr Akinyanmi and Lekoil Nigeria Limited (Lekoil Nigeria) and notes the following with respect announcement of Lekoil Nigeria dated 3 May 2002. Litigation summary The Company is a party to the […]
Bboxx has acquired PEG Africa, a solar home systems provider based in Accra, Ghana. This acquisition, if confirmed, marks a major step in Bboxx’s expansion in West Africa. This move is continuation of the company expansion in West Africa. The British company, which specializes in the distribution of solar home systems and clean cooking kits, […]
Somoil S.A., the largest privately owned Angolan oil company, and Sirius, an Africa focused oil & gas production and development company, are pleased to announce that the joint Somoil-Sirus consortium, (‘the Somoil-Sirius Consortium’ or ‘the Consortium’), has been awarded the exclusive right to acquire participating interests of 8.28% and 10% respectively in the producing Angolan offshore blocks 18 and 31 from Sonangol, […]
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria has announced certain amendments to the terms of its investment in Oza which included an option to provide a further loan of US$2.0 million to Decklar by 30 April 2022 to increase its shareholding in Decklar Resources Limited (“Decklar”) from […]
SDX Energy has announced a gas discovery at the SD-12_East well that targeted a separate compartment in the Sobhi Field, within the Ibn Yunus North development lease.SD-12_East (SDX Working Interest: 67%) spudded on 17th April and reached TD at 7,295ft MD on 26 April 2022. The primary basal Kafr El Sheikh target was encountered at […]
Seplat Energy, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced its unaudited results for the three months ended 31 March 2022. Operational highlights Strong safety record extended to 26.1 million hours without LTI from Seplat Energy operated assets (2.0m hours in Q1 2022) […]
Afentra plc has announced that its wholly-owned subsidiary, Afentra (Angola) Ltd, has signed a Sale and Purchase Agreement (SPA) with Sonangol Pesquisa e Produção S.A to purchase interests in Block 3/05 and Block 23, offshore Angola for a firm consideration of $80 million and contingent payments of up to $50 million (in aggregate) in the […]
Panoro Energy ASA an international independent oil & gas company headquartered in London with production, exploration and development assets in Africa is to increase its oil production in Gabon. The Norwegian company Panoro Energy is investing in the drilling of six new wells, according to our media source New Gabon, this was disclosed after the […]
Invictus Energy with 80% owned and operated Cabora Bassa Project in Zimbabwe has received three farm-in offers for the Cabora Bassa Project including an updated Farm-in bid from Cluff Energy Africa. Ongoing due diligence and internal approvals are being undertaken by additional parties which may result in further bids being received. The Company is assessing […]
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