Africa's Oil, Gas and Energy News.
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
Wildcat Petroleum has announced that after a process of engagement with the Petroleum Directorate of Sierra Leone (PDSL) it has entered into a Reconnaissance Permit Agreement (Permit) over 20 offshore … Read More
Eni announces new discoveries in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt. Preliminary estimates of the resources associated to these new discoveries are at 50 … Read More
Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, … Read More
FAR Limited has announced it has received a conditional non-binding indicative proposal from PJSC Lukoil to acquire 100% of the shares of FAR . Lukoil has stated that the price … Read More
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
ASX listed FAR Ltd subsidiary FAR Senegal RSSD SA and its Sangomar RSSD has reported that the joint venture partners have executed documentation confirming State oil company Petrosen’s decision … Read More
Woodside has given notice exercising its right to pre-empt the sale by Capricorn Senegal Limited (Cairn) to LUKOIL Upstream Senegal BV (Lukoil) of Cairn’s entire participating interest in the Rufisque … Read More
The exploration industry has been the hardest it by the Covid-19 pandemic and the subsequent historic crash in oil prices. Most seismic acquisition and exploratory drilling programmes have been suspended … Read More
LUKOIL has concluded an agreement with Cairn Energy PLC to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln … Read More
