Africa's Oil, Gas and Energy News.
FAR Limited has announced it has received the accompanying letter from Remus Horizons advising its intention to make a takeover offer for FAR shares at 2.1 cents per share. The … Read More
In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have … Read More
PetroNor has announced that it has been unable to reach a satisfactory solution with Senegal through the suspension period and will therefore recommence the formal arbitration process. Through the prolonged … Read More
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
ENGIE has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, Chief Executive Officer of ENGIE MESCATA (Middle East, South and Central Asia, Turkey … Read More
Senegal is the hotspot for energy investment in West Africa right now, owing to a string of huge offshore hydrocarbons discoveries since 2014 (as well as its compelling renewables potential). … Read More
FAR Limited has provided an update in relation to its previous announcements regarding: The Remus conditional non-binding indicative proposal of a potential offer from Remus Horizons PCC Limited to acquire … Read More
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
Cairn has announced that all Government and third-party approvals required under the Sale and Purchase Agreement in relation to the sale of all of its interests in Senegal to Woodside … Read More
MODEC has announced that it has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) … Read More
