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Tullow, Total to sell Kenyan oilfield stakes retain Natixis

London (Bloomberg) – Tullow Oil and Total are process to sell part of their stakes in oil discoveries in Kenya. According to familiar source, the French energy giant is planning to sell half of its 25% stake in the fields, said one of the people. Tullow said last year that it planned to reduce its […]

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ADM Energy Increases Its Investment Portfolio Cross Nigeria, West Africa

ADM Energy, an exploration and production company has reinvigorated its investment interest in Nigeria oilfield Sector. The Company Presently holds an operating interest in OML 113, offshore Nigeria, which contains the Aje field, has listed its future investment strategy for a larger portfolio of projects across Nigeria and West Africa in 2020 and beyond. The […]

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Mozambique : Coral Sul FLNG Exceeds 60% Completion as Eni and Partners Launch Facility Hull

Eni and the Area 4 partners tremendous progress in Cora Sul FLNG has being beoughr to fore, This was announced in Geoje, South Korea at the launch of the hull of the Coral Sul Floating Liquefied Natural Gas (FLNG) treatment and liquefaction facility. The FLNG is part of the Coral South project that will put […]

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NigerStar 7 acquires Offshore Vessels

NigerStar 7, an Engineering.Procurement, Construction and Installation (EPCI) has announced the addition of two offshore construction vessels to its Nigerian fleet. The Seven Antares and Seven Inagha offshore construction support vessels acquisition and the reflagging is in addition to other recent progressive and expansion investments executed by the company in recent time to increase its […]

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Equatorial Guinea To Re-award Former Block R

Equatorial Guinea is about to re-award EG-27 formerly know as block R . The block is where former independent Ophir Energy encountered its fortuna floating liquefied natural gas which never comes to pass. EG-27, presently gunning by Russian companies is one of seven blocks over which the Ministry of Mines & Hydrocarbons is discussing deals […]

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South Africa to build another LNG terminal

South Africa’s government has state commitment to invest gas owing to its economic importance in the country’s energy future. The country is concluding plans to build a liquefied natural gas terminal in Coega, near Port Elizabeth According to the Minister of Energy & Mineral Resources Gwede Mantashe , Coega is believed to be the hub […]

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Angola Namibe Basin Licensing Round

New insights for early development of a frontier area Covering more than 65,000 km2, the Namibe Basin is one of the world’s largest remaining prospective frontier areas for oil and gas exploration. This southern most basin along the West African salt margin has largely remained unexplored despite significant oil and gas activity in the neighboring […]

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