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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

Tower Resources Provides Update on Thali, PEL 94 Projects

Extension of the initial period of the Exploration Phase of the Thali PSC, offshore Cameroon by one year (from 15 September 2019) for the purposes of completing the NJOM-3 well, … Read More

ANGOLA: Fully Integrated Geological & Geophysical Study Supports Onshore Oil & Gas Exploration

In support of oil and gas exploration projects Onshore Angola, Trois Geoconsulting and DDMS, in association with Angola’s National Agency for Oil, Gas and Biofuels (ANGP), are pleased to offer a … Read More

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