Solo Oil on target with appraisal well later this month
Solo Oil said an appraisal well is expected to be spudded later this month.
Africa
Total-led consortium to build LNG terminal complex in Ivory Coast
The Ivorian Government has approved plans from a consortium headed up by French energy giant Total to build and operate an LNG re-gasification terminal in the West African country.
Guards killed by gunmen at facility operated by Eni subsidiary
Four guards have been killed by gunmen at a facility operated by the Nigerian subsidiary of Eni, according to officials.
Opportunities up for grabs in Africa
Africa’s oil and gas industry has the potential to be a source of much needed revenue for Scottish firms, a business gathering heard in Aberdeen yesterday.
Nigeria’s economic slump deepens as oil output continues to drop
Nigeria’s economic slump deepened in the third quarter as oil production continued to fall and factory output was hit by a shortage of dollars.
Nigeria’s largest airline reduces domestic flights after fuel scarcity
Nigeria's largest airline Arik Air has reduced the number of domestic flights it offers after a scarcity of aviation fuel, according to reports.
Bowleven defends non-exec directors against challenge from shareholder
Scottish oil explorer Bowleven is defending its three non-executive directors against a challenge from one of its stakeholders.
Tullow, Total’s Uganda oil exports face delays on infrastructure
Output from Ugandan crude deposits being developed by companies including Tullow Oil Plc and Total SA is unlikely to be exported as soon as the nation expects because of the scale of the infrastructure projects required to transport the fuel out of the country.
Libya’s largest oil port may be able to ship next week
Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves.
Shell shuts down Escravos crude oil flow station after villager protests
Shell has shut down an Escravos crude oil flow station in Nigeria's Niger Delta after villagers demanding aid staged a protest.
Bowleven agrees well locations offshore Cameroon, losses widen
Bowleven's boss said the Scottish oil explorer was making progress on developing its Cameroonian assets despite its losses widening by $40million in 2015/16.
Galp snaps up 20% of three Gulf of Guinea blocks
Portugal’s Galp Energia has agreed to by a 20% non-operated stake in three blocks in the Gulf of Guinea from Dallas-based Kosmos Energy.
What we know so far: Militants end ceasefire, Niger Delta attacks resume
Militants have resumed attacks in the Niger Delta region after a brief ceasefire.
SeaBird wins contract for seismic surveys in Gulf of Guinea
SeaBird Exploration said today it would send its Osprey Explorer vessel to the Gulf of Guinea later this year for seismic survey work.
Nigeria’s Senate seeks near completion of oil bill essentials by year-end
Nigeria's Senate has said it will nearly complete work by year end on two major areas of long-delayed legislation to tackle problems in managing the nation's oil wealth.
African Development Bank backs $1bn loan for Algeria
The African Development Bank's board has approved a $1billion loan for Algeria.
Militants attack pipeline day after crucial talks with Buhari
Militants in the Niger Delta have attacked another pipeline a day after regional leaders made a number of demands to President Muhammadu Buhari.
Buhari meets with leaders and militants from Niger Delta after attacks on oil facilities
Nigeria's President Muhammadu Buhari met with leaders from the Niger Delta and representatives of militant groups after attacks on oil facilities in the region.
Nigerian oil workers union confirms attack on pipeline
A Nigerian oil workers union has confirmed an attack on a pipeline operated by the country's state oil firm NNPC.
ExxonMobil makes 1billion barrel find offshore Nigeria
ExxonMobil said it has made a significant oil and gas discovery offshore Nigeria.
Nigerian union calls for protest against foreign oil operators
Oil firms in Nigeria have sacked an estimated 3,000 workers, according to union officials in the country.
Oil workers to end strike in Gabon
Oil workers are set to end a strike at French firm Maurel and Prom's Onal field in Gabon today after a deal was reached to reinstate dismissed personnel.
Africa needs to face reality of low commodity prices, IMF warns
African commodity exporters risk a “disorderly” hit to their economies if they don’t adapt to the reality of low prices, said a senior official at the International Monetary Fund.
Arnlea handed offshore Africa inspection work
Aberdeen-based asset manager Arnlea Systems has won a deal to carry out inspection services for an African-focused oil and gas operator.
Nigeria’s First Lady may not back Husband for re-election
Nigeria’s First Lady has openly questioned whether her husband, President Muhammadu Buhari, is in control of his government and said she may not campaign for him if he seeks a second term.