VAALCO Energy has announced that the acquisition of three dimensional (“3-D”) seismic data at the Etame Marin block offshore Gabon has been completed. The company in the press release, said it has also Completed the acquisition of nearly 1,000 square kilometers of new dual-azimuth proprietary 3-D seismic data over the entire Etame Marin block which […]
1. INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant by the NNPC Act (LFN Cap. 320) to engage in all commercial activities relating to Petroleum Operations. In compliance with the Public Procurement Act 2007 and NNPC’s Policy and Procedures, NNPC intends to engage qualified and credible companies in a Direct Sale of Crude Oil […]
TG-GEOPARTNERS has announced the signing of an agreement with the Petroleum Commission of Ghana to conduct a major Multi-Client 3D Geophysical Survey in the Keta Basin, offshore Ghana. The project is expected to comprise of the acquisition of 14,000 sq. km of 3D long-offset broadband Multi-Client seismic over open Blocks that will be available for […]
Woodside Energy (Senegal) B.V has exercised its pre-emptive right to acquire FAR’s interest in the Senegal RSSD Project. Such pre-emption is on the same terms and conditions as the proposed sale to ONGC Videsh Vankoreft Pte Ltd (“ONGC”) announced on 11 November 2020. FAR shareholders are due to consider authorising a sale of the Senegal […]
Nigeria’s state oil company Nigerian National Petroleum Corporation has established bids for contractors and investors perform rehabilitating and engineering job in a revamp of the nation Port Harcourt refinery. The Port Harcourt Refinery is made up of two refineries located at Alesa-Eleme, Rivers State. The old refinery has a refining name plate capacity of 60,000 barrels per day and was commissioned in 1965, […]
The Supreme Court’s affirmation of Rivers State Government’s acquisition of 45 per cent equity stake in Oil Mining Lease (OML) 11 and Kidney Island in Port Harcourt has brought smiles on the faces of officials of the state government. The Rivers State Government acquisition of OML 11 and Kidney Island was affirmed by the apex […]
Waltersmith, UNIDO and UNECA have signed a Technical support agreement with respect to the development of an Industrial Park by Waltersmith which will attract petrochemical, pharmaceutical, research and other light manufacturing companies that feed off the hydrocarbon value chain. The industrial park is being developed with the support of the United Nation Industrial Development Organization […]
Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions PIDG Company, the Emerging Africa Infrastructure Fund (EAIF) is lending US$31 million over 10 years to Access LNG B.V., a provider of specialist floating LNG infrastructure, to support the construction of […]
PetroNor the independent oil and gas exploration and production company with a focus on sub-Saharan Africa is pleased to announce the purchase of SPE Guinea Bissau AB. This entitles PetroNor to assume the Operatorship (and interest of 78.57%) of the Sinapa (Block 2) and Esperanca (Blocks 4A and 5A) licences in Guinea Bissau subject to […]
A year after its significant discovery off the coast of Ghana, Springfield has once again made history by becoming the first homegrown energy company with oil production in the country following the unitization of the Sankofa and Afina Fields. The Government of Ghana declared the two fields unitized with Afina holding 54.545% (Springfield ) of […]