African Energy Chamber launches internship programme
The African Energy Chamber (AEC) has launched an internship programme, aiming to place African graduates with energy companies.
Africa
Libya’s Sidra, Ras Lanuf terminals reopen
Exports have resumed from a number of ports in Libya, with local protestors agreeing to end their occupation.
Africa Capitalworks invests in Dorman Long Engineering
Africa Capitalworks (ACW) has made a “significant” equity investment in Nigeria’s Dorman Long Engineering.
ReconAfrica sheds light on geology amid partnering plans
Reconnaissance Energy Africa is disclosing more information on its efforts, even while short sellers maintain criticism of its plans.
Seplat’s Roger Brown sets out his thinking on Nigeria
The Africa E&P Summit taking place on the 22nd and 23rd September will see Ed Reed engaged in a fireside chat with Seplat’s CEO, Roger Brown.
Gas is the way for Africa, if aboveground challenges can be resolved
Africa has the resources it needs to provide power for its people, but aboveground challenges must be resolved to speed the way, speakers on a PESGB / HGS Africa E&P Conference 2021 panel have said.
Shell sale of Nigeria assets faces dollar-crunch challenge
Lenders in Nigeria likely don't have enough dollars to fund clients seeking to acquire assets put on sale by the local unit of Shell, the country’s biggest lender said.
Pharos farms out Egyptian assets to IPR
Pharos Energy has struck a farm-out and sale agreement for a stake in its Egyptian assets with a subsidiary of IPR Energy.
Tullow Oil hits goals, rethinks Kenya plan
Tullow has hit financial goals and is looking to farm down its Kenyan operations, as it focuses further on its Ghanaian operations.
Corrupt oil trader turns on colleagues in massive Africa bribe case
When Anthony Stimler left Glencore Plc in August 2019, he had two big secrets: For a dozen years, he’d paid millions in bribes to African officials and intermediaries. And he was now helping a US Justice Department investigation into the company and numerous former colleagues.
Sonangol takes loss but presses ahead with IPO plans
Sonangol intends to go ahead with an IPO in the coming years, although the company did report a $3 billion net loss for 2020.
Woodside completes first Sangomar producer
The Ocean BlackRhino has drilled a first production well at the Sangomar field, offshore Senegal.
Activists prank TotalEnergies with animal exodus plan
TotalEnergies has a plan to evacuate endangered animals from Uganda and Tanzania to France – or so a group of unidentified pranksters would have the world believe.
NOC in talks with Schlumberger as debt concern mounts
Libya’s National Oil Corp. (NOC) reassured Schlumberger on September 12 that there was a plan to pay down debts.
IUCN votes against ReconAfrica exploration
The International Union for Conservation of Nature (IUCN) has called on Botswana and Namibia to increase scrutiny of oil and gas plans in the Okavango Delta.
NNPC auditor repeats going concern worries, despite 2020 profit
Nigerian National Petroleum Corp. (NNPC) reported a profit for 2020, but there are challenges ahead.
OLAX marks progress on BUA refinery work
OLAX Engineering has hit key milestones for the front-end engineering and design (FEED) work on the 200,000 barrel per day BUA refinery project.
Endeavor fires up Twin City power
Endeavor Energy achiever commercial operations at its Twin City power plant in Ghana at the end of July, it reported.
Ghana minister oversees first $60bn petroleum hub meeting
Ghanaian Energy Minister Matthew Opoku Prempeh has overseen the first meeting of the Petroleum Hub Development Corp. (PHDC).
DNG launches LNG fuel trial in South Africa
DNG Energy will work with Imperial Logistics to examine the use of LNG as a diesel alternative in South Africa.
Nigerian oil giant considers IPO after first profit in 44 years
Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence.
Sasol, CEF team up on South Africa gas imports plan
Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MoU) on accelerating gas developments in South Africa.
Aquaterra wins three-year Sea Swift work off Angola
Aquaterra Energy has signed a master engineering and design service agreement to provide multiple of its Sea Swift platforms to Angola.
Chariot signs up Stena Don for Morocco work
Chariot has signed a contract for the Stena Don rig to drill a well on its Lixus licence, offshore Morocco.
Sanalla to remain, Libyan PM declares
The Libyan prime minister has stepped in to smooth over the dispute at the National Oil Corp. (NOC).