ReconAfrica, Invictus near launch of drilling
Reconnaissance Energy Africa and Invictus Energy are both nearing drilling, as they seek to prove up onshore hopes around Namibia and Zimbabwe respectively.
Reconnaissance Energy Africa and Invictus Energy are both nearing drilling, as they seek to prove up onshore hopes around Namibia and Zimbabwe respectively.
Excelerate Energy has signed a 10-year contract to provide an FSRU to a Finnish company, with the aim of providing LNG to the wider Baltic Sea region.
Sonatrach has signed a contract for China National Technical Import & Export Corp. (CNTIC) and Sinopec Luoyang Engineering (LPEC) to build a methyl tert-butyl ether (MTBE) facility at Arzew.
Seplat Energy has appointed Basil Omiyi to takeover as non-executive chairman, while questions are asked once more over the company’s deal for ExxonMobil’s local assets.
Adnoc has made a new 500 million barrel discovery at Bu Hasa, offering an expansion of Murban crude production.
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
The deployment programme being implemented in South Wales is unlike those being proposed by the other UK industrial clusters.
Protests have disrupted the gala dinner at the Africa Energies Summit, with a group of Extinction Rebellion activists attaching themselves to Gordon Ramsay’s Heddon Street restaurant.
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Afreximbank has signed a memorandum of understanding (MoU) with the African Petroleum Producers Organization (APPO), with the dream of creating an energy bank.
Adnoc and Borealis have set out plans to hold an IPO for Borouge on the Abu Dhabi Securities Exchange.
A Nigerian NGO has filed a lawsuit against Nigerian President Muhammadu Buhari over a string of alleged failures at the country’s four refineries.
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.
A pioneering company has struck a deal to help decarbonise flaring sites in the United Arab Emirates, while producing hydrogen and graphene.
Conflicted Nigerian minnow Lekoil is dropping out of London’s AIM for good on May 18. It will shift to the Access segment of the AQSE Growth Market.
Saudi Aramco has posted its strongest quarterly results since going public, with net income of $39.5 billion and free cash flow of $30.6bn.
A light aircraft chartered by Cameroon Oil Transportation Co. (Cotco) crashed in a forest close to Nsem, in Cameroon on May 11 with no survivors.
United Arab Emirates ruler Sheikh Khalifa bin Zayed Al Nahyan has died triggering 40 days of official mourning.
Havfram has won work to decommission subsea facilities at Chinguetti and Banda, offshore Mauritania, from Petronas.
TotalEnergies is in the process of securing a rig to drill up to nine development wells, and two exploration/appraisal wells on Nigeria’s OML 130, Africa Oil has said.
Shareholders at Genel Energy have rejected the election of three directors at today’s AGM.
Octopus Energy has struck a deal to invest in Xlinks, a project that aims to transport renewable energy from Morocco to the UK.
Maurel et Prom has secured a new bank loan under “very favourable terms” and is scaling up its dividend plans.
Shell has struck a deal to sell its retail and lubricants business in Russia to locally owned Lukoil.
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.