AfrOil Top Story archive

18 September 2018, Week 37, Issue 755

Azinam has bought into two blocks in South Africa’s offshore Orange Basin, the company announced on September 11. The Seacrest Capital-backed company, which has a number of interests in...

11 September 2018, Week 36, Issue 754

Equatorial Guinea had harsh words for international explorers, developers and oil-service companies last week as it announced plans to launch a new oil and gas exploration bidding round, for both...

04 September 2018, Week 35, Issue 753

Oilfield services provider Petrofac has received a provisional letter of award from Algeria’s Sonatrach for an engineering, procurement and construction (EPC) contract worth US$600 million on the...

28 August 2018, Week 34, Issue 752

Sound Energy has completed its seismic shoot in eastern Morocco, revealing a new large Palaeozoic structure. This, the UK-listed minnow said, “could be the largest prospect within the entire basin...

21 August 2018, Week 33, Issue 751

ExxonMobil has struck a deal to acquire a 30% stake in Namibia’s Petroleum Exploration Licence (PEL) 44. Azinam announced the agreement on August 14, saying it would keep a 12.5% stake in the...

14 August 2018, Week 32, Issue 750

Operators in Mozambique have finally been given the green light to go ahead with oil and gas exploration activities after several years of delays. 

07 August 2018, Week 31, Issue 749

Additional oil exports are expected to start up in South Sudan within a month, following a landmark peace deal between the government and rebel leaders. The ceasefire agreement and power-sharing...

31 July 2018, Week 30, Issue 748

Total has started up its Kaombo project, in Angola’s Block 32. Oil is flowing to the Kaombo Norte floating production, storage and offloading (FPSO) unit, while the second FPSO, Kaombo Sul, will...

23 July 2018, Week 29, Issue 747

TransGlobe Energy has abandoned its North West Sitra 9 exploration well, in the Western Desert, as it was dry, the company said on July 20. The well was targeting a Cretaceous zone and the rig is...

17 July 2018, Week 28, Issue 746

London-listed Aminex’s subsidiary, Ndovu Resources, has signed a farm-out agreement with Oman-based Zubair Corp. on Tanzania's Ruvuma production-sharing agreement (PSA). Zubair will receive a 50%...

10 July 2018, Week 27, Issue 745

Italy’s Eni continues its success in the Mediterranean Sea with the start of production last week at the Bahr Essalam Phase 2 project offshore Libya. The company announced on July 5 that the first...

03 July 2018, Week 26, Issue 746

Nigeria-based Oranto Petroleum has farmed into two exploration blocks located onshore Zambia, representing its first investment in the country. Under an agreement signed on June 26, Oranto...

26 June 2018, Week 25, Issue 745

Soco International has struck a deal to sell its interests in Congo Brazzaville to a Norway-based company, Coastal Energy Congo. The price agreed is US$10 million, with an over-riding royalty...

19 June 2018, Week 24, Issue 744

Malaysia’s Yinson Production has entered into a heads of terms (HoT) agreement on the supply of a floating production, storage and offloading (FPSO) unit for Nigeria’s Oil Mining Licences (OMLs)...

12 June 2018, Week 23, Issue 743

Savannah Petroleum has made a second find in the Agadem Rift Basin, in Niger. Announcing the result on June 6, the London-listed explorer said the Amdigh-1 well had found an estimated 22 metres of...

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