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CAMEROON: Victoria Oil & Gas Awarded Matanda Licence Extension

Victoria Oil & Gas Plc, has announced that its wholly owned subsidiary Gaz du Cameroun S.A. (“GDC”) has received, as operator, approval from the Minister of Mines, Industry and Technological … Read More

GABON: VAALCO Acquires Additional Working Interest at Etame Marin Block

Highlights • Acquiring an additional 27.8% working interest in the Etame Marin block offshore Gabon, increasing VAALCO’s total working interest to 58.8%; • Nearly doubles VAALCO’s total net production and … Read More

Congo Unfreezes AAOG Congo Accounts in Ongoing Dispute with SMP

Zenith Energy has provided an update on the legal claim  initiated during 2019 by its subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo S.A.U (AAOG … Read More

Rosgeo Successfully Completes Geological Mapping in Equatorial Guinea and Moves Forward to Phase 2

A month after it started a historic geological mapping project in Equatorial Guinea’s Rio Muni region, Russia’s state-owned joint stock company Rosgeo has made significant progress and is stepping up … Read More

BEAC must reconsider its new Forex regulation to save jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad

On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary Community of Central Africa states – CEMAC. These member states, … Read More

ANGOLA: ANPG, ExxonMobil & SONANGOL Sign 3 Contracts for the Exploration of the Namibia Basin

The National Oil, Gas and Biofuels Agency (ANPG) signed today, three Risk Service Agreements with ExxonMobil and Sonangol P&P that make it possible to increase the exploration area in the … Read More

CAMEROON: Etinde Reviewing Commercial Options Regarding Gas Offtake & Condensate Marketing

The Etinde financing plan will likely comprise various layers, including senior project finance debt, vendor financing from contractors, offtakers and likely equity. The latter will be a function of the … Read More

Equatorial Guinea and Russia Officially Break Ground on their Geological Mapping Project in Río Muni

Last week marked an important step in the energy cooperation between Equatorial Guinea and Russia, as the first team of Russia’s state-owned joint stock company Rosgeo arrived in Equatorial Guinea … Read More