AfrOil - Africa Oil & Gas
Nigeria’s Seplat Energy records $951.8mn revenue in H2 2022
Dual-listed Seplat Energy, a Nigerian oil and gas company, has recorded revenue of $951.8mn and a profit before tax of $204.4mn in the second half of 2022.
TAG Oil announces successful re-entry of vertical well BED 1-7 at Badr Oil Field in Egypt’s Western Desert
Kosmos Energy says GTA block is set to begin gas production by year-end as expected
BP is on track to begin production at the GTA block, located offshore Mauritania and Senegal, by the end of this year as scheduled.
Afentra completes acquisitions of minority stakes in Angolan offshore blocks
AIM-listed Afentra revealed on May 10 that it had completed the acquisition of minority stakes in two blocks offshore Angola from INA-Industrija of Croatia.
UK Supreme Court rules Nigerian claimants may not continue suit against Shell over 2011 tanker spill
The UK Supreme Court has ruled against Nigerian claimants who sought to sue two subsidiaries of Shell over a 2011 offshore oil spill, citing the expiration of a six-year legal deadline.
Zimbabwean firm Shalom Mining seeks licence to explore for hydrocarbons in protected wildlife park
Ivory Coast asked to end broad-based subsidies for fuel, food to secure $3.5bn IMF support package
Invictus confirms presence of liquid hydrocarbons and helium at Cabora Bassa site in Zimbabwe
Australia’s Invictus Energy has confirmed the presence of light liquid hydrocarbons and helium in Mukuyu-1, an exploration well drilled at its 80%-owned Cabora Bassa project in Zimbabwe.
Chinese firm CPP to finance, supply pipe for $5bn East African Crude Oil Pipeline (EACOP) project
China Petroleum Pipeline Engineering Co. Ltd (CPP) has stepped in to offer financing and construction line pipe for the East African Crude Oil Pipeline (EACOP) stretching from Uganda to the Tanzania coastline.
HOSCON partners with private sector to create $5bn investment fund for Nigeria's oil-producing states.
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has partnered with the private sector to create a $5bn fund that will support investment in oil-producing states in Nigeria.
Libya’s crude production reaches 1.214mn bpd: NOC
Libya’s National Oil Corporation (NOC) announced that crude production had reached 1.214mn barrels per day, and condensate production 18,000 bpd in the past two days, the utility’s head Farhat Bengdara said on Thursday.
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