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Namibia’s NAMCOR Takes Charge of the National Oil Storage Facility

The National Petroleum Corporation of Namibia (NAMCOR) has taken charge of the operation and maintenance of the country's multi-million-dollar National Oil Storage Facility. The facility consists of a tanker jetty,...
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Tower Resources Granted Extension of PSC Exploration Period by Cameroon

The AIM-listed oil and gas company, Tower Resources, has announced an update regarding its planned operations on the Thali license in Cameroon held by its subsidiary Tower Resources (TRCSA) and...
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Several Vessels Waiting to Pass-Through Suez Canal as it Reopens

After the unblocking of the Suez Canal on Monday, 29th March 2021, several Liquefied Natural Gas (LNG) and other vessels are waiting for the canal to become fully operational. According...
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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...
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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...
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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...
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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...
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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%...
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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...
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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...
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