NLNG area declared pandemic epicentre
Three international oil companies have committed to building a COVID-19 treatment centre in the Bonny local government area (LGA).
Three international oil companies have committed to building a COVID-19 treatment centre in the Bonny local government area (LGA).
A militia has seized the Sharara field, south of Tripoli, and has demanded oil production be halted, the National Oil Corp. (NOC) has reported.
Geofizyka Toruń has completed a 2D seismic study for Sasol in Mozambique, demonstrating that exploration in the East African state is progressing despite some disruption stemming from coronavirus.
Work has restarted in Singapore on a vessel for Energean that is due to begin producing gas off Israel in 2021.
As the Government of National Accord (GNA) makes gains in its military struggle with the Libyan National Army (LNA), the Sharara oilfield has restarted production, as has El Feel.
Aker Energy has reiterated its commitment to Ghana’s Pecan field, although not going so far as to commit to timing on a final investment decision (FID).
Africa has been the hardest hit region in terms of rig numbers, according to Baker Hughes’ May data.
Coronavirus and the sudden drop in oil prices has led to some measure of disruption in Mozambique, local regulator Instituto Nacional de Petroleo (INP) has said, although there should be no long-term impact.
Nigeria has officially deregulated prices of petrol, following approval from regulator Petroleum Products Pricing Regulatory Agency (PPPRA).
BP is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans to cut debt, according to people familiar with the matter.
Shoreline Canadian Overseas Petroleum Development (ShoreCan) has reached an agreement in principle with Essar Mauritius bringing an end to a dispute on Nigeria’s OPL 226.
Bureau Veritas has signed a global framework agreement with Shell to help reduce emissions from operations.
Zambia has declared distribution and transmission lines of Copperbelt Energy Corp. (CEC) as “common carrier”, a move the company described as expropriation.
The Government of National Accord (GNA) and Libyan National Army (LNA) have restarted peace talks, the United Nations Support Mission in Libya (UNSMIL) has said, although hostilities appear to be continuing on the ground.
Nigerian National Petroleum Corp. (NNPC) is to introduce a contact-tracing application across its locations in order to help curb the spread of coronavirus.
Testing of Egypt’s El Salmiyah-5 has seen the well flow at rates of around 8,700 barrels of oil equivalent per day, United Oil & Gas has reported.
Gemcorp has completed preliminary work preparing a site in Angola for the construction of the Cabinda oil refinery.
Amidst the oil price crash crisis and the pressure on companies, opportunities are emerging for those with resources.
Angola is in talks with some of its oil customers in a bid to restructure financing facilities, the Ministry of Finance has said, in order to “better reflect the current market environment and OPEC production quotas”.
BP Southern Africa has appointed Taelo Mojapelo as its new CEO, replacing Priscillah Mabelane who is joining Sasol as executive vice president of its energy business.
Mozambique’s military forces have regained control of Macomia, a town in the northern Cabo Delgado Province around 200 km from the LNG construction site.
Qatar Petroleum (QP) has signed the largest shipbuilding contract in history to shore up its LNG growth plans, this is said to account for around 60% of global LNG shipbuilding capacity until the late 2020s.
Nigeria has officially launched a marginal field bid round, with the Department of Petroleum Resources (DPR) saying 57 fields are available.
An armed militia in Libya has prevented maintenance work from being carried out on the Sharara field.
Neptune Energy has appointed Mehdi Bouguetaia to act as managing director in Algeria.