ECOWAS has called for the “immediate and unconditional” release of deposed president Mohammed Bazoum. The group said it would gradually ease sanctions, based on Niger’s response.
“Without energy, there is no life. Today, we are doing everything we can to ensure that the African Energy Bank becomes a reality by June 30, 2024,” the Benin minister said.
Zenith Energy has made an offer to take over Block 1 offshore Benin, which holds the Sèmè oilfield.
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
Savannah Energy increased revenues and adjusted EBITDA on higher volumes but is waiting a number of catalysts for change.
Private equity investors are lining up to support African infrastructure in response to concerns around climate change.
Bluewater Energy Services has won work to provide an export system offshore Benin, the end point of a pipeline running from Niger.
Benin plans to officially begin work on a crude oil export pipeline on May 20.
Kidnappings offshore West Africa hit a six-year high in 2020, Ambrey has reported, with 142 crew members seized by pirates.
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.