Sasol begins Mozambique drilling campaign
Sasol’s field development plan in Inhambane province in Mozambique has reached an important milestone with the commencement of the drilling of the first well, the company said.
Africa
BP awards multi-million dollar FPSO maintenance contract to Actemium
BP has awarded a multi-million dollar topside maintenance contract to Actemium for its two FPSOs in Angola.
Chevron’s Niger Delta onshore activities shut down after militant attack
Oil major Chevron's onshore activities in Niger Delta have been shut down by a militant attack, according to reports.
Militants likely to maintain assaults on Nigerian oil targets say analysts
Attacks on oil infrastructure will continue at least in the short to medium term, resulting in depressed oil output over much of 2016, according to analysts.
Eni pipeline attacked in Nigeria
A crude pipeline in Nigeria operated by a local subsidiary of Eni has been attacked by militants.
Petroceltic’s Algeria investment paying off
Petroceltic today confirmed its successful drilling campaign in Algeria.
Nigeria deploys extra military as Niger Delta attacks continue
Nigeria's President Muhammadu Buhari on Friday said he ordered a heightened military presence in the restive Niger Delta region to deal with a resurgence of attacks on oil and gas facilities, a day after yet another pipeline explosion.
Shell and Exxon most exposed to Nigerian violence
Oil majors Shell and Exxon are the international oil companies most exposed to the explosion of violence in the Niger River delta that has cut Nigeria’s output and fueled a rally in global crude prices, according to Rystad Energy.
Cairn’s Senegal appraisal well confirms reservoir extensions
Cairn Energy today said its fourth Senegal appraisal well confirmed reservoir extensions, spanning more than 5km.
Nigeria unions divided on strike to protest fuel price rise
A general strike called in Nigeria to protest against higher fuel prices drew only partial compliance after the main unions failed to take a common stand following talks with the government and an injunction imposed by an industrial court.
Algeria signs oil, gas deal as OPEC member seeks to boost sales
Algeria will supply oil and other energy products to Jordan for the first time under a memorandum of understanding signed on Monday, as the OPEC member seeks to diversify sales after years of stagnating crude production.
Circle Oil completes Egypt drilling campaign
Circle Oil has completed its infill drilling campaign on the North West Gemsa field in Egpt.
San Leon looks to raise $200million for “transformational” Nigerian asset
San Leon Energy is aiming to raise at least $200million through a share placing priced at a significant premium in order to fund the acquisition of an indirect interest in a producing oilfield in Nigeria.
Exxon declares force majeure as Nigeria’s production drops again
Nigeria’s oil production has dropped again as a third major crude-export facility was disrupted, this time by accidental damage rather than militant attacks.
Second blast hits Chevron assets in Nigeria
An explosion has rocked a Chevron oil pipeline in Nigeria's Delta region.
Avengers threaten oil companies to leave Niger Delta – or suffer the consequences
Radical militant group the Niger Delta Avengers has warned it will step up attacks unless oil firms left the region within two weeks.
Circle Oil under pressure as cash flow causes problems
Circle Oil's financial position remains "under significant pressure" and needs sustained improvement in payments from Egypt's state-owned oil company to shore up its cash position.
Libyan oil fields to grind to halt due to port blockade
Fields responsible for the bulk of Libya’s oil exports will be forced to halt production within a month unless a blockade is lifted on the port of Marsa el-Hariga, according to the Tripoli-based National Oil Corp.
Kosmo Energy makes Senegal discovery
Kosmos Energy confirmed a "significant" gas discovery offshore Senegal.
Militant attacks target Shell assets
Militants are increasingly targeting oil facilities in Nigeria with both Chevron and Shell assets coming under attack in recent days.
Sterling finalises withdrawl from Madagascar block
Sterling Energy has completed its withdrawal from the Ambilobe block offshore Madagascar.
Africa offshore drilling at six-year low as explorers curb quest
US explorers aren’t the only ones idling rigs as sub-$50 crude forces oil and gas drillers in Africa to slow their search for new reserves.
Erin completes Nigeria well intervention work
Erin Energy has resumed production from the Oyo-8 well in Nigeria following the completion of well intervention work.
Tanker with disputed Libyan oil returns to country for unloading
A tanker with oil from eastern Libya returned with its cargo to the North African country after the United Nations blacklisted the shipment, amid an escalating struggle between the nation’s rival governments for control of its crude wealth.
Eland announces £10m fundraiser
North-east company Eland Oil and Gas said tonight it aimed to raise about £10million from the sale of new shares.