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.
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
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
VAALCO Energy has announced that in connection with planning for future drilling programs at the Etame Marin block offshore Gabon, it will begin acquiring and processing new three-dimensional (3-D) seismic … Read More
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
PetroNor announces that the Company has reached a mutual agreement with the Government of The Gambia to settle its Arbitration related to the A1 and A4 licenses. Under the terms … Read More
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
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
BW Energy is presenting at the Pareto Securities’ Energy Conference today. Please see the attached presentation. While presenting at the Pareto Securities’ Energy Conference BW Energy referenced the progression of an … Read More
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
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
