Shell considering onshore Nigeria sales
Shell is "reviewing" further sales of assets in Nigeria, the company said.
E&P
Angola’s oil and gas industry can thrive alongside biodiversity
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 plans contract reforms in bid to cut upstream costs
Nigeria has launched an exercise to cut upstream production costs, with an eye on securing the country’s energy future.
Panoro buys Tullow stakes in Gabon, EG
Panoro Energy has struck a deal to buy assets owned by Tullow Oil in Equatorial Guinea and Gabon for up to $180 million.
Nigeria expects at least $500mn from bid round
The Department of Petroleum Resources (DPR) has calculated that the marginal field round will secure at least $500 million in signature bonuses.
Sonatrach commissions Hassi R’mel boost
Sonatrach has commissioned the Phase 3 Booster project at Hassi R’mel, with three stations now completed.
COSL benefits as China offshore capex surges
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 focuses on returns, as debt shackles come off
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.
Travel restrictions slow Chad resumption for Glencore
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 tips Maersk Drilling for Ghana return
Tullow Oil has chosen Maersk Drilling to provide an ultra-deepwater drillship for work on the TEN and Jubilee fields, offshore Ghana.
ANPG defends controversial onshore exploration plans
Angola's Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has defended its work to assess hydrocarbon potential onshore.
Seplat completes funding for ANOH project
Seplat Petroleum has raised cash for its ANOH gas plan from a group of primarily Nigerian banks.
United to double spending in 2021, driven by Egypt
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 restarts Faregh field
Waha Oil has restarted the Faregh gas field, a year after it was shut down following the January 2020 oil terminal closure.
Saipem signs up to Renergen phase 2 study
Renergen has signed up Saipem, EPCM Holdings and Sproule for the second phase of the Virginia gas project, in South Africa’s Free State.
Glencore faces UK scrutiny over Chad spill
The UK’s National Contact Point (NCP) has accepted a complaint against Glencore UK for an oil spill in Chad.
Tullow production to fall in 2021
Tullow Oil expects production to continue declining in 2021 as its Ghanaian assets continue to slide.
Domestic demand in Morocco sets stage for micro LNG
Appealing fiscal terms and a desire to tackle emissions has made Morocco an attractive destination for investment.
GlobalData questions South Africa’s gas development
Discoveries offshore South Africa have “no clear route to commercialisation”, according to GlobalData.
Tunisia offers opportunities, frustrations
Tunisia holds opportunities for investors, but government processes and local unrest have slowed developments.
Belltree wins Angolan field analysis work
Edinburgh-based Belltree has won work to assist Angola’s oil industry regulator in assessing field performance.
Maurel appoints John Anis as chairman
Maurel et Prom has appointed John Anis as the chairman of the board, to replace Aussie Gautama.
Apex scores second Western Desert find
Privately backed Apex International Energy has announced a second oil find in Egypt’s Western Desert, with another well still to go.
Waha Oil cuts production on pipeline work
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 sells OML 17 stake for $533mn
Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.