Blog - Page 63 of 123 - Ibe Kachikwu

31st March 2021

PGS Awarded High-Fidelity 3D Exploration Program Offshore Egypt

Petroleum Geo-Services (PGS) has been awarded a high-fidelity 3D exploration program offshore Egypt. The survey is to be acquired using an Extended Long Offset (ELO) configuration with Ramform Tethys towing...

31st March 2021

Invictus Energy Signs Petroleum Exploration Development and Production Agreement with Zimbabwe

Following approval from the President of Zimbabwe, H.E. Emmerson Mnangagwa, the Petroleum Exploration Development and Production Agreement (PEDPA) between Invictus Energy's 80% owned subsidiary, Geo Associates, and the Republic of...

30th March 2021

Nigeria’s Crude Oil Capacity Will Drop by 200,000 BPD by 2026 – IEA

In a new report titled 'Oil 2021: Analysis and forecast to 2026' the International Energy Agency (IEA) forecasts that crude oil capacity in Nigeria will drop by 200,000 barrels to 1.6...

30th March 2021

Iraq Signs Over $7 billion Energy Deal with Total

Iraq has signed a preliminary agreement with French oil and gas group, Total, that includes four (4) projects to develop oil fields, produce gas, build large energy infrastructure and generate...

29th March 2021

Gas Production in Nigeria Declined by 3% in One-Year

A report from the Nigerian National Petroleum Corporation (NNPC) which covers the period - November 2019 to November 2020, showed that the gas sector saw a marginal decline by 3%...

27th March 2021

TransGlobe Energy Provides Operations Update on Western and Eastern Deserts in Egypt

TransGlobe Energy has announced an update on its operations in Egypt, including its 100% Working Interest in the Western Desert - South Ghazalat and its 100% working interest in the...

27th March 2021

IEA Discusses Challenges of Nigeria and other African Refiners in New Report

A new report by the Paris-based International Energy Agency (IEA) assesses refineries in African countries, their current capabilities and factors hindering their growth and expansion. Some of the African countries...

26th March 2021

Africa has ‘Central Role’ to Play in India’s Oil Supply Diversification – Dharmendra Pradhan

Speaking to an industry summit, the Indian Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan, said African countries could be key to India's bid to diversify its primary...

26th March 2021

Mozambican Government and Total Agree to Restart LNG Project in Afungi

The government of Mozambique and French oil and gas group, Total, have announced that construction work is due to resume on the natural gas liquefaction plants on the Afungi Peninsula,...

25th March 2021

Invictus Energy Raises AUS8 Million Placement for Seismic Acquisition in Zimbabwe

Invictus Energy announced that it had received firm commitments from new and existing institutional and sophisticated investors to raise A$8 million (before costs) by way of a share placement. Under...