Court freezes Eni, Vitol payments over Springfield dispute
A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
Upland Resources has signed a farm-out agreement with Pennpetro Energy on the Saouaf permit, in Tunisia.
Woodside Energy has dropped plans to sell down a stake in its Senegal project, the offshore Sangomar development.
Apache is scaling up drilling in Egypt but at the same time is working to tackle flaring, through a new gas-to-site power model.
Chariot has upgraded the amount of gas it believes may be under its licence offshore Morocco, following the drilling of the Anchois-2 well.
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Congo Kinshasa has increased the number of blocks it is offering from 16 to 30 at an upcoming bid round.
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
Impact Oil & Gas has set out an open offer to raise up to $60 million in order to finance its participation in Namibia’s Venus discovery.
Afentra has struck a second deal in Angola, boosting its stake in Block 3/05, via an agreement with Croatia’s INA.
Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
SDX Energy faces opposition in its plans to sell itself to Canada’s Tenaz Energy, with Aleph Commodities voicing its disapproval.
Searcher Seismic has filed for a new application to shoot 3D seismic offshore South Africa, in what is set to be a new test for the country’s willingness to approve such work.
Pandemonium has broken out at the Tripoli headquarters of National Oil Corp. (NOC) with the arrival of a new chairman, while the incumbent refuses to quit.
Vaalco Energy (LON:EGY) has set out a plan to acquire TransGlobe Energy (LON:TGL) in an all-stock merger, valuing the latter at $307 million.
Things are looking up for San Leon Energy (LON: SLE), with the company closing in on the completion of its Nigeria deal and managing to avoid the termination of its listing on London’s AIM.
South Africa has launched a consultation looking at regulations around onshore oil and gas development, using hydraulic fracturing.
Panoro Energy has completed the sale of its stake in Nigeria’s OML 113 to PetroNor E&P.
Libya’s National Oil Corp. (NOC) has lifted force majeure at the Brega and Zueitina terminals, allowing in a tanker.
As Tullow Oil works to execute its merger with Capricorn Energy, the company is focusing on growth projects.
Sierra Leone is in the midst of a licence round as it aims to cash in on a return of interest to the energy sector.
Nigerian National Petroleum Corp. (NNPC) launched a legal case against ExxonMobil and Seplat Energy over the proposed sale.
Ghana has granted Aker Energy more time to submit the plan of development for its Pecan field.
Following success, Vaalco Energy has elected to keep its Borr Drilling rig for another two wells offshore Gabon.
Nigeria’s companies are starting to play an increasingly important role in the country’s production, particularly given the waning appetite for onshore risk from IOCs.