Akufo-Addo celebrates gas conversion for Karpowership
Ghanaian President Nana Addo Akufo-Addo has ceremonially launched the generation of electricity, using gas from the Sankofa field.
Tullow chief exec and exploration boss exit, shares nosedive
Tullow Oil chief executive Paul McDade and exploration director Angus McCoss have resigned with immediate effect as production expectations for 2020 and beyond have been slashed.
Petrobras sharpens deepwater focus in quest for value
Petrobras is in a state of transformation, company officials said at a press conference in London, with an eye on selling down assets and tackling debt – in tandem with major expansion plans.
Nigeria fires off fresh P&ID challenge
Nigeria has filed a new challenge to the case brought against it by Process and Industrial Developments (P&ID), over a failed gas project in Calabar.
AFC backs mini refining plan in Guinea
Africa Finance Corp. (AFC) has agreed to act as a co-developer of a small refining project in Guinea, via a joint development agreement with Brahms Oil Refineries.
IOC sets out the Indian advantage
When Indian Oil Corp. (IOC) was launched it focused on the downstream and has subsequently expanded into the upstream, while also moving into petrochemicals.
19 kidnapped from VLCC off Nigeria
A VLCC offshore Nigeria has been attacked and 19 crewmembers seized. This appears to be the first time such a ship has been targeted in this region.
Adipec highlights role of technology
Adipec 2019 was the 35th year of the conference, highlighting what progress Adnoc and the local industry has made – and the next phase of expansion plans.
Gabon shuffles cabinet amid corruption purge
The Gabonese cabinet has been reshuffled with allegations of corruption levelled at some of those now removed, including Noël Mboumba, who had held the position of Minister of Mines, Petroleum, Hydrocarbons and Gas.
Boustani beats Mozambique charges in US court
Privinvest’s Jean Boustani has been cleared of three charges, centred on alleged Mozambique corruption, by a New York court.
Woodside, Cairn submit Sangomar plan to Senegal
The Sangomar development and exploitation plan has been submitted to the Senegalese government, operator Woodside Energy has said, with the final investment decision (FID) for the project expected later this month.
Vaalco strikes Etame success in Gabon
Vaalco Energy has brought the Etame 9H well into production at a stabilised flow of 5,500 barrels per day, of which 1,500 bpd is net.
Wellpro lines up Middle East, Asia focus
Wellpro Group struck a deal to enter the Middle East in May, with an aim for leveraging an existing footprint to speed the way.
Russia Opening Giant Gas Link to China as Putin Pivots East
The world’s biggest natural gas exporter and one of the globe’s top consumers of the fuel cement their energy co-operation on Monday with the launch of Russia’s giant Power of Siberia pipeline to northern China.
Libya-Turkey deal sparks Greek protests
The decision from Libya’s Government of National Accord (GNA) to sign a deal on a maritime border with Turkey has sparked condemnation from other east Mediterranean states.
Africa makes its case for gas at GECF
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Bowleven eyes the clock on Etinde
Bowleven has taken an impairment charge of $62 million on its Etinde asset in Cameroon as plans have slipped.
Africa’s No. 1 Bank Commits to Disclosing Fossil-Fuel Exposure
FirstRand Ltd, Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors.
Total signs on to Maputo LNG import plan
Total and South African gas facilities developer Gigajoule have signed a joint development agreement (JDA) on the import of LNG into Maputo.
Perenco’s Cameroon drilling plans shore up FLNG outlook
Perenco’s floating LNG (FLNG) project in Cameroon has exported 29 cargoes to date and is planning a drilling campaign, in 2020, in order to prove up additional reserves.
El Feel knocked down in Libya
Libya’s El Feel has been shut-in as a result of local military activity, the country’s National Oil Corp. (NOC) has announced.
Vitol signs on to West African gas megahub plan
Vitol has signed up to a strategic partnership and co-operation agreement with Equatorial Guinea’s Ministry of Mines and Hydrocarbons, focused on the proposed gas megahub plan.
CNOOC signs up to Gabon work
China’s CNOOC Ltd has signed up to explore two blocks in Gabon, the 11th contract signed since the country brought in its new hydrocarbon code.
AfDB stumps up cash for Mozambique LNG
The African Development Bank (AfDB) has approved a $400 million long-term senior loan to support the Total-led Mozambique LNG project.
Equatorial Guinea dishes out licences
Equatorial Guinea has preliminarily awarded nine blocks in its EGRonda 2019 licence round, announcing the results at the Gas Exporting Countries Forum (GECF) under way this week in Malabo.