Sound Energy has upped its stake onshore Morocco after acquiring a 75% interest in the Sidi Moktar licences.
Solo Oil said an appraisal well is expected to be spudded later this month.
Aminex today confirmed it would spud its Ntorya-2 appraisal well located in Tanzania in the coming days.
Shell and BP are among the companies to have had bid accepted for oil and gas exploration in Egypt, a news report said.
Nigeria has lost more than 130million barrels of crude oil since the beginning of this year after a spate of attacks by militants in the Niger Delta region.
Eni is said to be in talks with a number of parties to reduce its stake in the giant Zohr gas fild offshore Egypt to 50%, according to its chief executive.
Lundin Petroleum’s chairman and chief executive are reportedly suspected of “serious crimes” against international law, according to reports.
Tiou has extended an agreement with GE for the delivery of a proposed gas to power solution for Botswana.
BP has revealed it will splash out $375million (£300million) for a stake in a vast gas field in Egypt.
As OPEC prepares for talks on eliminating a global crude glut, Nigeria’s oil minister says he’s more concerned about the potential for U.S. shale suppliers to replace the lost barrels by ramping up their own output, quelling any price rally the producer club might achieve.
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.
Four guards have been killed by gunmen at a facility operated by the Nigerian subsidiary of Eni, according to officials.
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.
West-Africa-focused Eland Oil and Gas said today it would speed up plans to reduce its use of pipelines for its Nigerian crude exports.
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.
Eni's board of directors has given the green-light for investment in the first phase of the development of the Coral discovery offshore Mozambique.
Nigeria reached a $5.1 billion settlement to reimburse foreign oil companies including Exxon Mobil Corp. and Royal Dutch Shell Plc for past operating costs.
Nigeria's largest airline Arik Air has reduced the number of domestic flights it offers after a scarcity of aviation fuel, according to reports.
A final investment decision on Tanzania’s $30bllion onshore liquefied natural gas export terminal (LNG) will not be made for at least five years according to Statoil’s country manager.
Exxon Mobil Corp. is negotiating with Chad’s government about a record $74 billion fine the oil company was told to pay last month by a court in the central African nation because of a dispute over royalties.
A Nigerian militant group said today that it had attacked sections of the Nembe Creek pipeline in response to the armed force’s presence in the southern Niger Delta.
Nigerian inflation accelerated for the 12th consecutive month in October as exchange-rate pressures persisted on the prices of goods and services, complicating the central bank’s task of supporting an economy forecast to contract this year.
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 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 has shut down an Escravos crude oil flow station in Nigeria's Niger Delta after villagers demanding aid staged a protest.