Savannah Energy has paid down $40 million of debt as of the end of March as a result of its Nigerian gas supply business.
Piracy increased in the first quarter of 2020, with the Gulf of Guinea continuing to hold its position as the most dangerous waters in the world.
A pipeline has been completed at the Al Jahraa field, in Egypt, allowing gas sales to begin and eliminating flaring, United Oil & Gas has reported.
The Minerva Virgo product tanker has been attacked offshore Benin, with one seaman believed to have been kidnapped.
The Alpine Penelope tanker has been attacked offshore Benin with a number of crew kidnapped, Dryad Global reported.
A VLCC offshore Nigeria has been attacked and 19 crewmembers seized. This appears to be the first time such a ship has been targeted in this region.
Four crew members have been kidnapped from a Greek oil tanker off Togo, following the seizing of nine sailors from a vessel carrying gypsum on November 2 off Benin.
China National Petroleum Corp. (CNPC) signed a transportation convention with Niger on September 15.
An oil tanker carrying 22 Indian crewmen has gone missing off the coast of West Africa.