Tullow Oil plc (Tullow) is pleased to announce that it has signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and the Dussafu asset in Gabon (the Dussafu Transaction). Rahul Dhir, Chief Executive Officer of Tullow, and Les Wood, Chief Financial Officer, will […]

Zenith Energy has announced that it has entered into a cooperation agreement with Fleet Oil & Gas, privately owned Oil and Gas Company led by the former Egyptian Petroleum Minister, His Excellency Eng. Mahmoud Latif Amer based in Dubai, United Arab Emirates and has a representative office in Cairo, Egypt. The purpose of the cooperation agreement is to jointly identity, […]

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 […]

done deal

Touch that are bright

Impact Oil & Gas Limited, a privately-owned, African-focused, exploration company, has announced that its wholly-owned subsidiary, Impact Africa Ltd, has received approval from the Government of South Africa to take forward the Transkei & Algoa Exploration Right and the Tugela South Exploration Right, offshore South Africa, on a 100% operated basis. ExxonMobil Exploration and Production […]

Impact Oil & Gas Limited, a privately-owned, African-focused, exploration company, is pleased to announce that its wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy Pte Ltd for the farm-in of a 90% working interest and operatorship of Area 2, offshore South Africa (Exploration Right reference 12/3/276). Under the terms […]

…….As crude oil price rallies A strengthening Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region’s oil and nearly two-thirds of its natural gas output MarineLink reported. An already large and powerful storm, Delta could intensify further on Friday as it churns through […]

Namibian Mines minister Tom Alweendo has said that he sees no problem with drilling for oil and gas in one of Namibia’s sensitive and fertile land areas. The Namibian in its recent report said that Canadian company Recon Africa is planing to drill oil and gas wells in an environmentally sensitive, protected area that supplies […]

FAR has advised Cairn that FAR does not intend to pre-empt the transaction or object to the proposed transfer of Cairn’s working interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore RSSD Contract Area to Lukoil. FAR says it was offered a preemptive right over the sale of the 40% working interest held […]