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ANGOLA: Ashtead Technology Lands Marine Services Project Award in the Pazflor and CLOV fields

A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP), has successfully executed its first marine services project in West Africa and has received award for further work. Integrated subsea technology and … Read More

Africa LNG Report Out Now: Mozambique at Forefront of Global Gas Development

Africa Oil & Power (AOP) has launched its Africa Energy Series: Africa LNG Special Report 2021, dedicated exclusively to Liquefied Natural Gas (LNG) developments and investment across the continent; driven by new discoveries … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

UGANDA/ TANZANIA: East African Crude Oil Pipeline Construction to Commence in 3 Weeks

Construction of the World’s longest heated crude oil pipeline the East African Crude Oil Pipeline (EACOP) is set to begin in the second week of March according to Uganda’s Foreign … Read More

NAMIBIA: Eco Atlantic Reissued With Four Licenses in Walvis Basin for 10 years

Eco Atlantic Oil and Gas has announced the Company has successfully negotiated the reissuance of its four licenses in Namibia’s Walvis Basin for 10 years, which received final Government confirmation on … Read More

Driving Deal-Making in Mozambique Post-COVID

Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas … Read More

NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings  the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More

EGYPT: Total Led Consortium Enters the North Ras Kanayis Offshore Block

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement … Read More

ANGOLA: Norco Lands a New Maintenance Contract with Total E&P Angola

An established energy storage equipment manufacturer and service provider, Norco Group will support Uninterruptible Power Supply (UPS) systems and standby battery equipment on TEP Angola’s assets in offshore Block 17. This includes the Dalia, Girassol, Pazflor … Read More

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