Angola can balance environmental protections with ongoing hydrocarbon exploration, in line with its constitution, writes Verner Ayukegba, Senior Vice-President at the African Energy Chamber.
Nigeria has launched an exercise to cut upstream production costs, with an eye on securing the country’s energy future.
Panoro Energy has struck a deal to buy assets owned by Tullow Oil in Equatorial Guinea and Gabon for up to $180 million.
The Department of Petroleum Resources (DPR) has calculated that the marginal field round will secure at least $500 million in signature bonuses.
Sonatrach has commissioned the Phase 3 Booster project at Hassi R’mel, with three stations now completed.
China Oilfield Services Limited (COSL) is expected to have another solid year in 2021 as offshore capital spending is set to surge to record levels in China.
Serinus Energy’s “shackles are off”, the company’s CEO Jeffrey Auld has said, with a newfound focus on generating cash and modest drilling plans.
Glencore’s wells in Chad remain offline although the Alen field, in Equatorial Guinea, is expected to start up on schedule in the first quarter.
Tullow Oil has chosen Maersk Drilling to provide an ultra-deepwater drillship for work on the TEN and Jubilee fields, offshore Ghana.
Angola's Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has defended its work to assess hydrocarbon potential onshore.
Seplat Petroleum has raised cash for its ANOH gas plan from a group of primarily Nigerian banks.
United Oil & Gas expects production to rise slightly in 2021, while capital expenditure will double primarily as a result of drilling two wells in Egypt.
Waha Oil has restarted the Faregh gas field, a year after it was shut down following the January 2020 oil terminal closure.
Renergen has signed up Saipem, EPCM Holdings and Sproule for the second phase of the Virginia gas project, in South Africa’s Free State.
The UK’s National Contact Point (NCP) has accepted a complaint against Glencore UK for an oil spill in Chad.
Tullow Oil expects production to continue declining in 2021 as its Ghanaian assets continue to slide.
Appealing fiscal terms and a desire to tackle emissions has made Morocco an attractive destination for investment.
Discoveries offshore South Africa have “no clear route to commercialisation”, according to GlobalData.
Tunisia holds opportunities for investors, but government processes and local unrest have slowed developments.
Edinburgh-based Belltree has won work to assist Angola’s oil industry regulator in assessing field performance.
Maurel et Prom has appointed John Anis as the chairman of the board, to replace Aussie Gautama.
Privately backed Apex International Energy has announced a second oil find in Egypt’s Western Desert, with another well still to go.
Waha Oil Co. has cut production in order to carry out maintenance on the 32-inch pipeline connecting fields to the Es Sider terminal.
Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.
Frontier Energy will hold its North Africa and Mediterranean E&P Summit online on January 28, showcasing the region’s future energy potential.