NIGERIA: San Leon provides $7.5M funding for development of Oza Field

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces that it has conditionally agreed to invest US$7.5 million by way of a loan … Read More

KENYA: Petrochemicals Industry Lobby the US Government to Make Africa Backslide on Plastics

The American Chemistry Council has lobbied the US government during the COVID-19 pandemic to use a US-Kenya trade deal to expand the plastics industry’s footprint across Africa. Documents obtained by … Read More

NIGERIA: Africa Oil Receives Fourth Dividend From Its Nigerian Asset

Africa Oil  has announced that it has received its fourth dividend from Prime Oil and Gas B.V., a company that holds interests in deepwater Nigeria production and development assets. Prime … Read More

SOUTH AFRICA: Total Begins Drilling of Luiperd-1X Offshore Well in Block 11B/12B

Block 11B/12B JV partner Africa Energy has announced spud of the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019. Jan Maier, Africa Energy’s VP … Read More

Nigeria: Lekoil Terms 2019 as Pivotal Year, Released Audited Results

Operational Highlights Otakikpo ·      Production levels averaged approximately gross 5,305 bopd (2,122 bopd net to LEKOIL Nigeria) ·      Updated Competent Person’s Reports announcing a significant upgrade to 2P oil reserves estimates and … Read More

MAURITANIA: Total Contracts Shearwater for West Africa 3D Acquisition

Geoservices company Shearwater GeoServices Holding AS has announced it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania. The … Read More