AfrOil Top Story archive

30 April 2019, Week 17, Issue 785

A fire at Nigeria’s Nembe Creek Trunk Line (NCTL), which triggered a force majeure declaration and an 8% fall in the country’s daily production was the result of sabotage, Aiteo Oil Exploration...

23 April 2019, Week 16, Issue 784

Maurel et Prom increased production to 25,636 boepd in the first quarter of 2019, the company said last week. This is an increase of 8% from the fourth quarter of 2018. 

16 April 2019, Week 15, Issue 783

Chevron has set out a bid to acquire Anadarko Petroleum for US$33 billion, in a cash-and-shares deal. The move has a strong foundation in the US’ newest breed of onshore...

09 April 2019, Week 14, Issue 782

South Sudan plans to increase its oil output by nearly 50% by June this year, as the government works towards political stability. 

02 April 2019, Week 13, Issue 781

Securing approval from Nigeria’s government for deals continues to be a problem, as demonstrated by Lekoil and Savannah Petroleum last week. Both London-listed companies, working on Nigerian deals...

26 March 2019, Week 12, Issue 780

Savannah Petroleum has taken a further step on development in the Agadem Rift Basin in Niger, where it made five oil discoveries from five wells during its 2018 drilling campaign. 

19 March 2019, Week 11, Issue 779

Petrofac has won a US$1 billion contract from Groupement Isarene to provide engineering, procurement and construction (EPC) services for the Ain Tsila gas field development in Algeria, it...

12 March 2019, Week 10, Issue 778

In a push to lift domestic oil and gas production, Egypt is planning to launch three international oil and gas exploration tenders in 2019, with the Red Sea a key focus as the government hopes to...

05 March 2019, Week 09, Issue 777

Norway-based Aker Energy has encountered oil at its Pecan South-1A well, offshore Ghana. The well was drilled to the south of the Pecan field, in the Deepwater Tano Cape Three Points (DWT/CTP)...

27 February 2019, Week 08, Issue 776

Tensions around Somalia’s proposed licence round continue to mount, following Kenya’s claims that its neighbour had wrongfully included certain areas as its own. Somalia held a roadshow in London...

19 February 2019, Week 07, Issue 775

Australia’s Woodside Petroleum intends to reach FID in mid-2019, with first oil expected in 2022. Announcing the company’s annual results, posted last week, Woodside’s CEO, Peter Coleman, said it...

12 February 2019, Week 06, Issue 774

BP has begun production at the second phase of its West Nile Delta (WND) project. The Giza and Fayoum fields, offshore Egypt, are connected to an existing onshore plant through long-distance...

05 February 2019, Week 05, Issue 773

London-listed Anglo African Oil & Gas has found 12 metres of oil in the Djeno horizon, at its TLP-103C well, it announced on January 29. The company said it would move on to drill a new well,...

29 January 2019, Week 04, Issue 772

Following a week of tense negotiations, Uganda and Tanzania agreed on January 25 to sign host government agreements for the East Africa Crude Oil Pipeline by June 2019. Tullow Oil, in a mid-...

22 January 2019, Week 03, Issue 771

The signing of a contract with Cameroon’s local power utility ENEO has already begun paying off for Victoria Oil & Gas, with production increasing in January to 8.5 mmcf (241,000 cubic metres...

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