Weak demand to limit East Med gas
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.
E&P
Namcor on the acquisition path with Lekoil
Nigeria’s Lekoil has struck a strategic alliance agreement to find producing assets with Namibia’s state-owned Namcor.
Hoscon warns of militancy return in Niger Delta
The Host Communities of Nigeria (Hoscon) has called for the government to do more to help out the people in oil and gas producing areas, warning that it has stopped supporting a ceasefire agreement.
Total scores major gas condensate find off South Africa
Total has made a second discovery offshore South Africa in the Outeniqua Basin, following the Brulpadda discovery of 2019.
Total faces duty of vigilance case over Uganda work
Total will face accusations of human rights violations over its activities in Uganda on October 28, in the Versailles Court of Appeal.
Dana reaches Egyptian sale, warns of impairment
Dana Gas has struck a deal to sell its Egyptian assets to IPR Wastani Petroleum for up to $236 million, including contingent payments.
Libya to resume production
The National Oil Corp. (NOC) has lifted force majeure from the El Feel field, following high-level agreements on a ceasefire in Libya.
Gabon production cuts hit Maurel
Maurel et Prom’s production fell in the first nine months of 2020, although its acquisition of Angolan assets helped avoid too great a reduction.
Aminex completes Tanzania sale
Aminex has completed its farm out of the Ruvuma licence to ARA Petroleum Tanzania, completing a process that began in mid-2018.
Namibia considers exploration and acquisitions
Namibia continues to expect hydrocarbons to be discovered offshore, but in the meantime is working on energy transition plans.
Sonatrach extinguishes El Merk fire
Sonatrach has brought a fire at the El Merk processing plant under control.
Uganda tax deal paves way for Tullow sale to Total
Tullow Oil has reached a binding tax agreement with Uganda, which should allow it to close a sale to Total shortly.
Afro Energy moves ahead with SA gas test
South Africa has approved Afro Energy to produce gas from its ER56 and ER38 licences for two years.
Tensions escalate in Nigeria over #endSARS protests
A Nigerian protest movement calling for changes to policing has received support from a group of Niger Delta militants, while coming under fire in Lagos.
Maersk Drilling wins $30m deal with Total for Angola campaign
Total has chosen a Maersk Drilling vessel for a three-well campaign in Angola's block 17, handing the Danish firm a $30 million deal.
ADM lines up Dubai financing for Africa opportunities
ADM Energy has signed a co-operation agreement with Dubai Bridge Investments to work together on upstream investments in sub-Saharan Africa.
Total under fire over Uganda land issues
Friends of the Earth France and Survie have accused Total of human rights violations in Uganda and Tanzania.
Total launches Nigeria tenders
Total Exploration and Production Nigeria has issued a tender for onshore land rig services at OML 58.
Dana signs up financing for sukuk payment
Dana Gas has signed up a $90 million corporate facility from Mashreq Bank, allowing it to redeem its sukuk when it falls due at the end of the month.
Somalia welcomes state members to SPA
Somalia has announced the appointment of six independent directors to the board of the Somali Petroleum Authority (SPA).
$20 per barrel for project approvals, Pouyanné states
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Angola tallies corruption cost, eyes Sonangol listing
Angolan President João Lourenço said his predecessor had overseen the loss of $24 billion, in an interview with the Wall Street Journal.
Tanzania finally approves Aminex farm out
The Tanzanian government has approved Aminex to proceed with the farm out of its Ruvuma interest to ARA Petroleum Tanzania.
NOC lifts force majeure on Sharara
The National Oil Corp. (NOC) has lifted force majeure from the Sharara oilfield, following an agreement with the Petroleum Facilities Guard (PFG).