Sierra Leone jumps in for exploration offering
Sierra Leone is in the midst of a licence round as it aims to cash in on a return of interest to the energy sector.
E&P
Seplat’s Exxon deal in Nigeria bogs down amid NNPC lawsuit
Nigerian National Petroleum Corp. (NNPC) launched a legal case against ExxonMobil and Seplat Energy over the proposed sale.
Aker Energy wins further extension in Ghana
Ghana has granted Aker Energy more time to submit the plan of development for its Pecan field.
Vaalco adds two wells to drilling plans off Gabon
Following success, Vaalco Energy has elected to keep its Borr Drilling rig for another two wells offshore Gabon.
Heirs CEO talks gas plans and safe operations in Nigeria
Nigeria’s companies are starting to play an increasingly important role in the country’s production, particularly given the waning appetite for onshore risk from IOCs.
BP moves to the front foot in Egypt around gas plans
BP has awarded a new seismic imaging programme to CGG in Egypt. The award comes shortly after the supermajor won more exploration acreage in the country.
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Invictus more than doubles gas potential at impending Mukuyu
Australia’s Invictus Energy has more than doubled the amount of gas it hopes to find at its upcoming Mukuyu well, in Zimbabwe.
Nigeria faces uphill battle to tackle its oil spill issues
Nigeria has long had issues with safety, not least in keeping workers safe from militants. The government has shown little sign of tackling the problem among legal operations, let alone the safety challenges of widespread illicit bunkering and refining.
Tullow takes over FPSO work, hands contract to Petrofac
Tullow Ghana (LON:TLW) has awarded a five-year operations and maintenance (O&M) contract to Petrofac Ghana (LON:PFC) on the FPSO Kwame Nkrumah.
Capricorn boss defends Tullow merger plans
Capricorn Energy head Simon Thomson has defended the company’s merger with Tullow Oil in an interview with the Sunday Times.
Shell hits pause on Nigerian asset sale
Shell has put the sale of its Nigerian assets on hold, pending a court hearing.
NOC declares Gulf of Sirte force majeure, criticises oil minister
National Oil Corp. (NOC) has declared force majeure at Es Sider and Ras Lanuf, joining the Brega and Zueitina terminals.
Repsol pre-empts Edison sale in Algeria
Repsol has exercised its pre-emption rights to buy some of departing Edison’s stake in the Reggane Nord project, in Algeria.
Tower signs up bank finance for Cameroon well costs
Tower Resources has signed up financial support for its Cameroon well from BGFI Bank, putting it on course to drill the NJOM-3 well in the fourth quarter of the year.
ReconAfrica kicks off hotly watched drill campaign
Reconnaissance Energy Africa has launched its second phase of drilling, with the highly anticipated 8-2 well begun on the weekend targeting a potential 799 million barrels.
Sonatrach scores major Hassi R’Mel addition
Sonatrach has made a significant addition to its reserves at the Hassi R’Mel licence.
NOC warns of Sirte closure, linked power problems
Libya’s National Oil Corp. (NOC) has warned that it may call force majeure on its Gulf of Sirte loadings within the next 72 hours.
Eco continues acquisition spree with South Africa deal
Eco Atlantic Oil & Gas has struck a deal to buy another 6.25% stake in a South African block, while also raising $12.3 million.
San Leon eyes final straight in closing Nigeria deal
San Leon Energy has been working on a Nigerian transaction, and as a result its shares suspended, for so long that it faces the prospect of its listing on London’s AIM being cancelled.
ReconAfrica, critics slug it out ahead of return to drilling
The war of words between Reconnaissance Energy Africa (TSX-V: RECO) and various environmental critics shows no signs of abating as the company nears a return to drilling.
TotalEnergies commits $850mn to Angola add-on
TotalEnergies and its partners on Angola’s Block 17 have taken the final investment decision (FID) on the $850 million CLOV Phase 3 development.
Wentworth strikes for Scirocco’s Ruvuma stake
Wentworth Resources has struck a deal to buy Scirocco Energy’s 25% stake in the Ruvuma licence, for up to $16 million.
McKinsey warns of African shortfall amid energy transition risks
The energy transition is throwing up particular challenges for Africa, not least in terms of access to the skills and capital needed to meet future demand.