AfrOil Top Story archive

20 November 2018, Week 46, Issue 764

Libya’s National Oil Corp. (NOC) reported earnings of US$1.66 billion for the month of September, an increase of US$93 million over August. Data on the NOC website said income came from sales of...

13 November 2018, Week 45, Issue 763

Panoro Energy has struck a deal to buy OMV’s Tunisian subsidiary for US$65 million. This follows Panoro’s acquisition of DNO Tunisia earlier in 2018. The purchase is being carried out in...

06 November 2018, Week 44, Issue 762

Ghana’s long-delayed Tema LNG import terminal is finally under construction, the CEO of project partner Gasfin said on October 31.

22 October 2018, Week 42, Issue 760

SDX Energy’s plan to buy a “significant” group of assets in Egypt from BP has ended without a deal, it said on October 18. The company said this decision had been reached by mutual agreement. It...

16 October 2018, Week 41, Issue 759

Subsea 7 has won an engineering, procurement, construction and installation (EPCI) contract in Ghana from Tullow Oil, for work on the Jubilee field’s FPSO. Announcing the work on October 10,...

09 October 2018, Week 40, Issue 758

Morocco’s options for LNG imports remain under consideration, as the government seeks the best strategy to reduce oil and coal imports. According to Moroccan Energy and Mines Minister Aziz Rabbah...

02 October 2018, Week 39, Issue 757

Savannah intends to test its Amdigh-1 well in December, the company said last week. An electric submersible pump (ESP) will be installed in the Nigerien well, using a workover rig from Great Wall...

25 September 2018, Week 38, Issue 756

South Africa has withdrawn draft legislation set to govern the petroleum and mining industries. It now plans to create separate laws for each sector, South African Communications Minister Nomvula...

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...

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