Savannah Petroleum has signed a production sharing contract with the Niger government for the R3/R4 license area.
Ghana has received $700million in guarantees from the World Bank for its transformational Sankofa gas project, which is claimed will address the country's chronic energy shortage.
Russia’s largest oil producer and Exxon have submitted joint bids in Mozambique’s fifth licensing round to explore the Angoche Basin and Zambezi Delta.
Lekoil has confirmed that first oil from its Otakikpo field in Nigeria will be delayed until autumn after drilling operations were halted for safety reasons.
MX Oil is one step closer to securing first oil from its Nigerian prospect.
Petroceltic continues its focus on North Africa with the Council of Ministers in Algeria approving the transfer of its interest in the Isarene production sharing contract to its wholly owned subsidiary Petroceltic Ain Tsila.
Bowleven, the Africa-focused oil and gas exploration group, has confirmed the first of a two-well exploration programme in Cameroon, has been drilled to its planned total depth and logged.
African producer Victoria Oil and Gas has reported significant production increases for the second quarter of 2015.
The son of a worker kidnapped in Libya has spoken of his shock at the incident. The man's father Fausto Piano was taken earlier this week along with his three colleagues Gino Pollicardo, Salvatore Failla and Filippo Calcagno. The men, who work for Bonatti construction company, were kidnapped near an industrial complex owned by energy company Eni in the western city of Mellitah.
Golar LNG is to develop a third floating liquefaction facility (FLNG), with the conversion of the liquid natural gas carrier Gandria.
Erin Energy has begun shooting a 3D seismic survey off the coast of The Gambia. The work, through its subsidiary Camac Energy Gambia Limited, will be carried out using the Palarcus Alima vessel. The survey is expected to take 50 days to complete and will cover approximately 1,500 square kilometres on Erin Energy’s A2 and A5 blocks.
Four Italian workers have been kidnapped in Libya. The incident happened near an industrial complex owned by energy company Eni in the western city of Mellitah. The Italian Foreign Ministry said the employees had been kidnapped on Sunday.
Tullow Oil has suspended production from its Jubilee field to the Ghana gas plant at Atuabo due to technical issues.
The boss of MX Oil said the company had secured a share in a “world-class” asset after investing in the OML 113 licence offshore Nigeria. Stefan Olivier said he did not see any challenges from acquiring a 5% share in the near-term producing licence, which includes the Aje Field. The asset has already undergone flow tests with production expected from January 2016.
Independent Resources has struck an exclusive agreement with Scotforth Limited to carry out a remote sensing hydrocarbon survey at its Ksar Hadada permit in Tunisia. The survey is expected to be completed within six weeks.
Ugandan police blocked opposition leader Kizza Besigye from leaving his home and arrested former Prime Minister Amama Mbabazi as they prepared to start their presidential election campaigns, their parties said. Besigye, who lost three previous elections to President Yoweri Museveni, was detained after attempting to leave his home to attend a rally to campaign as a candidate for the Forum for Democratic Change, his driver Asuman Semakula said by phone. Besigye, 59, is competing against party President Mugisha Muntu to run in the 2016 poll.
Erin Energy is set to lift its first oil from two Nigerian wells by the end of July.
A bomb blast in Nigeria’s northern university town of Zaria has killed 25 people including a two-year-old, the Kaduna state governor reported. The incident is the latest in a string of deadly bombing and shooting attacks by the Boko Haram Islamic extremist group.
Nigerian President Muhammadu Buhari will delay selecting a cabinet for two months as he takes time to seek credible ministers to lead his government.
Muhammadu Buhari’s election triumph has sparked “optimism and renewed vigour” in the Nigerian exploration market, according to Sirius Petroleum. The firm, which focuses on oil and gas development and production opportunities in the region, highlighted the regime change in its latest company results.
Nigeria's new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer.
Expro has landed a $100million three-year deal with Tullow Oil.
The Nigerian president has confirmed the country’s coffers have run dry. Newly elected Muhammadu Buhari was speaking to reporters when he said one of his immediate challenges was a Treasury that’s “virtually empty” and debts totaling billions.
Engineering services firm Penspen is set to launch a feasibility study on extending a key pipeline in partnership with the Economic Community of West African States (Ecowas). Penspen and Ecowas signed a contract in February 2015 to enable a formal start to the feasibility study examining the current West African Gas Pipeline (WAGP) system performance and its possible future network extension to other Ecowas states.
Anglo American Platinum Ltd. is offering to help investors set up South African production of hydrogen fuel cell-based products, which use the precious metal as a catalyst to generate electricity, as a way to encourage demand. Amplats, as the Johannesburg-based unit of Anglo American Plc is known, is among producers that see fuel cells consuming as many as 600,000 ounces of platinum a year by 2025. Fuel cells can be used to bring power to areas where supply is constrained. Platinum prices are down more than 40 percent since August 2011.