Africa's Oil, Gas and Energy News.
Nigeria represents one of Africa’s heavyweights when it comes to hydrocarbon exploration and production. With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, … Read More
Seplat Energy has announced that it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation. According to financial … Read More
Seplat Petroleum Development Co. has signed a Crude Purchase Agreement (CPA) with Waltersmith for the supply of between 2000 and 4000 bpd from existing working-interest production from the Ohaji South … Read More
Operational highlights · Working-interest production within guidance at 50,653 boepd, despite market volatility · Liquids production of 33,327 bopd, gas production of 100 MMscfd · Eland OML40/Ubima assets produced 9,151 bopd, 27.5% of … Read More
On 22 December 2014, Afren plc announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company plc (Seplat) regarding a possible combination with Afren. Seplat was … Read More
[twitter-follow screen_name=’oilnewskenya’] In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices Afren says its board has been reviewing … Read More
