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NIGERIA: Maire Tecnimont Inks $1.5 billion Contract with NNPC

Maire Tecnimont has announced that its subsidiary Tecnimont S.p.A. has been awarded a contract by the Federal Executive Council to carry out Rehabilitation works for the Port Harcourt Refinery Company … Read More

Russia-Africa Energy Committee to Drive Investment & Deal-making in the Energy Sector

The inter-party online conference drew attention to the developments of Africa’s energy market, navigating relations on the continent for Russia-Africa partnerships and highlighting the announcement of the creation of the … Read More

NIGERIA: ADM Energy Invests in the Development of the Barracuda oil field in OML 141

ADM Energy has announced that it has conditionally agreed to invest in the development of the Barracuda oil field in OML 141, an existing discovery and near-term production asset in … Read More

Nigeria, Morocco Sign MOUs to Promote the Development of Hydrocarbons

The Federal Government and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MOUs) that would foster Nigerian – Morocco bilateral collaboration and promote the development of … Read More

Shell Invests to Support Nigeria’s Domestic Gas Ambition for Industrialization

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic … Read More

Panoro Energy Provides 2020 Y/E Operational Update

Operational Highlights Annual group production net to Panoro of 0.81 MMbbls with average daily rate of approximately 2,200 bopd. Average production of approximately 2,350 bopd for Q4 2020 due to … Read More

Nigeria, Equatorial Guinea Sign MoU to Consolidate New Opportunities for the Hydrocarbons Sector

H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea met with H.E. Timipre Sylva, Minister of Petroleum Resources of Nigeria at the presidential palace in Malabo … Read More

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

ACTING’s inaugural report offers most comprehensive resource on Sub-Saharan Africa’s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and … Read More

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