Africa's Oil, Gas and Energy News.
Tower Resources announces that it has executed two farm-out agreements and associated documentation with Prime Global Energies Limited for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia. … Read More
Etinde, offshore Cameroon
Highlights: · Applied for a one-year extension of the initial exploration period of the PSC, following positive discussions with the Minister of Mines, Industry and Technological Development and (MINMIDT) and the Prime … Read More
Savannah Energy has announced the signing of a Memorandum of Agreement (MOA) by Savannah Energy RCM Limited, a wholly owned subsidiary of Savannah, with the Government of the Republic of … Read More
Savannah Energy has announced that its wholly owned subsidiary, Savannah Midstream Investment Limited (SMIL), has signed a Share Purchase Agreement (SPA) with the national oil company of Cameroon, Société Nationale … Read More
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
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
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
Logbaba Gas production continued in July & August at strong levels of above 5.5 MMscf/d, including the usually slower month of August, which was 10% up on last year. Matanda … Read More
Bowleven announces the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy) Limited’s definitive conditional agreement with a subsidiary of Perenco S.A., to … Read More
