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ANGOLA: DOF Subsea secures Integrated FSV Contract

DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. The project shall utilize Skandi Seven for a minimum of 303 … Read More

Africa Energy Outlook 2021 – Africa Energy Chamber

Fiscal Regime Changing fiscal regime does not come for free. It causes uncertainty and it distorts the expected revenue profile for the state and it is hard to arrive at … Read More

FAR Limited Provides Half Yearly Report

The Group reported a loss for the half year ended 30 June 2020 of $21,238,324 (30 June 2019 – $7,553,696 loss). The increased loss of $13,684,628 during the current half … Read More

Angola Oil and Gas Conference & Exhibition Returns to Luanda

Angola’s leading energy event organized by Africa Oil & Power returns for its second edition; On June 15-16, 2021, the key players of the Angolan energy industry will converge for the … Read More

ANGOLA: PGS Completes 2020 3D Seismic Acquisition in Namibe Basin

Ramform Sovereign has completed a large acquisition project offshore Angola using multisensor GeoStreamer technology. Operational and geological objectives were achieved successfully and safely, despite the Covid-19 restrictions. The 2020 PGS … Read More

Tullow Oil Provides H1 Operational Update

Production Group working interest production averaged 77,700 bopd in the first half of 2020, in line with expectations. Full year guidance has been updated to reflect recent strong performance in … Read More

North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa

Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy’s technical and financial strength … Read More

Central Africa’s Economic Recovery Must Go Through a Reform of Forex Regulations

By Leoncio Amada NZE The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet: businesses went bankrupt, millions … Read More