Africa's Oil, Gas and Energy News.
In total, there are nine countries that fall within this region under the classification of the United Nations. Of the nine countries, only one of them, Chad, is landlocked. One of them, the Democratic Republic of São Tomé and Príncipe, is an island. The rest of the countries are Angola, Cameroon, the Central African Republic, the Democratic Republic of the Congo, Equatorial Guinea, Gabon, and the Republic of the Congo.
Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More
Glencore has reached an agreement with the Democratic Republic of Congo (DRC) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in … Read More
Perenco has hit oil at an additional exploration target in an identified deeper pre-salt structure located in the Vandji sandstones, Tchibeli NE, encountered an oil column of 75 metres. The target … Read More
Hibiscus/Ruche Phase I development offshore Gabon is progressing to plan. The BW MaBoMo production facility has been installed on site and 20 kilometres of the subsea flowline installed. Preparations are … Read More
Tower has announced that its subsidiary, Tower Resources Cameroon S.A (TRCSA), has been notified by BGFI Bank Group, the largest bank group in Central Africa, that the medium-term loan of … Read More
PetroNor E&P has announced that it had received, from the Government of The Gambia, a 30-day extension to the longstop date of the licence option. Following positive discussions with the Government, … Read More
OPERATIONAL UPDATE Production Group net working interest production averaged c.61.8 kboepd to end October 2022, in line with guidance. Full year production guidance for 2022 narrowed from 60-64 kbopd to … Read More
Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More
The combined Company is a leading African-focused operator with a strong production and reserve base, a diverse portfolio of assets in Gabon, Egypt, Equatorial Guinea and Canada, and significant future growth potential. KEY HIGHLIGHTS … Read More
Under the direction of the Ministry of Hydrocarbons, the Société Nationale des Pétroles du Congo (SNPC) and Xcalibur Multiphysics have signed a contract to gather geophysical gradio-gravimetry (AGG), gravimetry (sGrav), … Read More
