AfrOil Top Story archive

03 May 2016, Week 17, Issue 637

Schlumberger has dropped out of a plan to participate in the construction of a floating LNG (FLNG) plant offshore Equatorial Guinea. Ophir Energy announced the service company’s withdrawal on...

26 April 2016, Week 16, Issue 636

Pressure is mounting on the various actors in Libya to accept a United Nations-backed government, while violence continues in the country. 

19 April 2016, Week 15, Issue 635

Angolan oil production overtook Nigeria’s in March, according to OPEC and the International Energy Agency (IEA). Nigeria’s output has been reduced recently by trouble on the Trans Forcados...

12 April 2016, Week 14, Issue 634

The route of a proposed pipeline, designed to carry Ugandan crude oil from Lake Albert to the Indian Ocean for export, is becoming a regional diplomatic issue. The plan for a pipeline to the port...

05 April 2016, Week 13, Issue 633

Chariot Oil & Gas has agreed a farm-in deal with Eni covering four exploration permits in Morocco’s Rabat Deep Offshore licence that will facilitate drilling of the highly prospective asset JP...

29 March 2016, Week 12, Issue 632

In releasing its financial results and operational update on March 24, Seplat Petroleum reported increased reserves and production in 2015, while net profit fell to US$67 million, down 73% from...

22 March 2016, Week 11, Issue 631

Kosmos Energy has successfully appraised its Ahmeyim gas field with the Ahmeyim-2 well drilled within Mauritanian waters. The size of the resource is such that it would support a standalone LNG...

15 March 2016, Week 10, Issue 630

Royal Dutch Shell’s production in Nigeria slipped to 278,000 barrels of oil equivalent per day in 2015, down marginally from 300,000 boepd in 2014. The super-major sold off...

08 March 2016, Week 09, Issue 629

Uganda’s Ministry of Energy and Mineral Development has accepted seven bids for six exploration blocks offered in its licensing round. It plans to select the winners and sign deals by the end of...

01 March 2016, Week 08, Issue 628

Transocean has received a note of early termination for a semisubmersible working offshore Angola, while Ensco, during its fourth quarter results, said one of its floaters had begun work in the...

23 February 2016, Week 07, Issue 627

Australia’s Woodside Petroleum has struck a deal to enter the AGC Profond block, in the shared zone between Senegal and Guinea Bissau. The Australian company has struck a deal with Impact Oil and...

16 February 2016, Week 06, Issue 626

Italy’s Eni plans to complete its second appraisal well at its Zohr deepwater gas field, offshore Egypt, by April. The well should cost US$100 million. An official with the Egyptian Natural Gas...

09 February 2016, Week 05, Issue 625

The same day that BP reported major losses and another round of job cuts, Oceaneering International said the struggling super-major had exercised its right to terminate a...

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