Eni and Sharjah National Oil Corporation (SNOC) are pleased to announce production start-up from the Mahani field, located in onshore Concession Area B of the Sharjah Emirate. This is the first step in the further evaluation of the Mahani gas and condensate discovery, announced last January, that is estimated to hold significant resources of natural […]

BW Offshore a leading provider of floating production services to the oil and gas industry. The company also participates in developing proven offshore hydrocarbon reservoirs and Oslo Stock Exchange listed company has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options […]

DUBAI: Global port operator DP World has announced it has been selected as the preferred operator of a port terminal in Angola, and is set to invest $190 million in the African project over the next 20 years. The announcement by WAM, the UAE state news agency, followed an international tender process. The Dubai Company […]

Savannah Energy the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, has announced that its Accugas subsidiary has entered into a revised gas sales agreement (“GSA”) on favourable terms with Lafarge Africa PLC, part of the LafargeHolcim Group, for the supply of gas to its Mfamosing […]

The first shipment of oil produced from the Oryx field in Chad operated by CPC Corp. Taiwan arrived in the southern port city of Kaohsiung Nov. 30, marking a milestone in the state-owned company’s overseas operations.   At a ceremony celebrating the occasion, CPC Chairman Jerry Ou said the batch of 950,000 barrels is the […]

Reliance Industries Limited (RIL) and bp have announced the commencement of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to […]

Seplat Petroleum Development Company a Nigeria based exploration and Production Company has announced a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited (Waltersmith). The CPA is for the supply of between 2,000 and 4,000 bopd from existing working-interest production from the Ohaji South Field within OML53, for Waltersmith’s new 5,000 bopd modular refinery at […]

ReconAfrica announced a highly anticipated operations update, confirming that it has spudded the high impact 6-2 exploration well on the Company’s Petroleum Exploration License 73 (PEL) in Namibia. The well is the first of three planned exploration wells to evaluate the presence of an active conventional system in the Kavango Basin. While geochemical work and […]

Eni has signed a Concession Agreement for the acquisition of a 70% stake in the Exploration Offshore Block 3, leading a consortium including a wholly owned subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) with the remaining 30% stake.The block has been awarded following Abu Dhabi’s second competitive block licensing round aimed […]

The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the operations of oil companies against the adverse effects of COVID-19 Pandemic and loss of contracts due to low oil price. The Executive Secretary of NCDMB, […]