SOUTH AFRICA: Africa Energy Increases Stake in Block 11B/12B

Africa Energy  has announced the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%. “Block 11B/12B offshore South Africa contains one of the most exciting oil … Read More

NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute

In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the … Read More

SURINAME: Apache Corporation Announces Major Oil Discovery In Block 58 At Kwaskwasi-1

Apache has announced a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a … Read More

Tullow Oil Provides Uganda & Ghana Operational Updates

OPERATIONAL UPDATE The impact of COVID-19 has been managed safely across our business with no impact on our operated production. Group working interest production in the first half of 2020 … Read More

Uganda & Tanzania: Resumption of the East Africa Crude Oil Pipeline (EACOP) Project Activities

Following the takeover and greenlight from the Ugandan Government for the takeover of Tullow’s equity in the various oil blocks the East Africa Crude Oil pipeline project. Pipeline-EACOP) is back … Read More