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NIGERIA: NNPC Records $52.95M Trading Surplus in July

The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of $52.95M (₦20.36 billion) in July 2020 compared to the $5.5M (₦2.12 billion) surplus in June 2020 in … Read More

GHANA: Companies in Extractives Shine in Annual Study of Gender Diversity Among Publicly Listed Companies

Four Ghanian listed companies in the extractives have been named in the Top 10 Champions of Gender Diversity in Ghana including: AngloGold Ashanti Limited No.4, Tullow Oil No. 6, Ghana … Read More

IVORY COAST: Sapura Energy Berhad Wins Drilling Contract Award in Bloc CI27

Sapura Energy marked its re-entry into Ivory Coast, as Foxtrot International LDC has awarded Sapura Drilling Holdings Limited a contract for the provision of its Tender Assist Drilling Rig Sapura Berani services … Read More

NIGERIA: ADM Energy Submits Bid in Nigeria’s 2020 Marginal Field Round

Further to the announcement of 3 August 2020, ADM Energy has announced that it has formally submitted a bid with the Nigerian Department of Petroleum Resources (DPR) for a marginal … 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

NIGERIA: Deregulation: NNPC to Support Deployment of CNG Facilities

The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed … Read More