AfrOil - Africa Oil & Gas
Chariot has completed front-end engineering and design (FEED) work on the main components of its Anchois natural gas project offshore Morocco.
AGM Petroleum plans to relinquish its stake in the largest contract area in the South Deepwater Tano (SDWT) block in Ghana, a contract area of 3,500 sq km situated in ultra-deep waters, Daily Graphic reports.
Tanzania has concluded negotiations on a $30bn LNG project with Equinor (Norway) and Shell (UK), creating an opportunity for launching the development of the country’s vast offshore natural gas resources after years of delay.
Bureaucracy and difficulties in finalising approvals from the Moroccan government to authorise the use of explosives pushed down the shares of Predator Oil & Gas on Tuesday, March 7.
Australia’s Woodside Energy has secured an option to acquire a 56% participating interest in Petroleum Exploration Licence 87 (PEL 87) offshore Namibia from Sintana, a Canadian company.
Shell (UK) has reportedly struck oil in Jonker-1X, a well drilled at the PEL 39 deepwater licence area in the Orange basin offshore Namibia.
ExxonMobil Corp. is seeking approval from the Nigerian government to proceed with the sale of its $1.2bn shallow water oil production operations in the West African country. Exxon announced its intention to sell these assets a year ago.
Nigeria may experience a shortage of diesel supply in the short term, despite the upcoming opening of the new Dangote Refinery in Q4 2023, according to a report by S&P Global Commodity Insights.
Global energy-related CO2 emissions reached a new record in 2022 of 36.8bn tonnes, inching up 0.9% from the previous year’s level, the International Energy Agency reported last week.
Canadian oil and gas company Africa Oil has booked a non-cash impairment charge of $170.6mn on its Kenyan assets following uncertainties over oil production in the country, Daily Nation reported.
The contract won by Saipem was awarded by a joint venture owned by Eni Côte d'Ivoire and the state-owned Petroci, which is currently active in several exploration blocks off the Ivorian coast.
Egypt’s petroleum ministry launched through its portal the first international bid round to develop eight maturing oilfields in the Gulf of Suez and Eastern Desert regions.