TotalEnergies, French multinational oil and gas giant, has formally launched the sale of its 10% stake in its Nigerian joint venture with Nigerian National Petroleum Company (NNPC) Limited, Shell Petroleum Development Company (SDPC) and Eni. This development is coming at the wake of the company celebration of its 60 years presence in the Nigeria. The […]

(Le Nouveau Gabon) – The oil company Maurel & Prom announced on May 2 that it will gradually reduce its production on the Ezanga permit in Gabon from 19,000 barrels/day to 4,000, a drop of almost 80%. This decision was taken following the incident which occurred on Thursday 28 April at the facilities of the Cap Lopez […]

From May 4 to 6, Andrew Gwodog, Managing Director of the reinsurance company SCG-Ré, led a delegation of insurers to Port-Gentil following the incident at the oil terminal of Cap Lopez, owned by Perenco. This company is insured by Sanlam Gabon and reinsured with SCG-Ré, the national reinsurer. “  Committed to more than 47.75% of this risk […]

Panoro Energy has announced that the Ministry of Mines and Hydrocarbons of Equatorial Guinea and the Joint Venture partners at Block G offshore Equatorial Guinea have agreed a material time extension of the Production Sharing Contract (“PSC”) until 31 December 2040 covering both the producing Ceiba and Okume Complex Fields. Prior to the extension the […]

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, […]

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 […]

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) […]

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 […]