Eni Discovers Crude Oil in the Western Desert of Egypt
Italian oil and gas giant, Eni, has announced a new crude oil discovery in the Meleiha Concession in the Western Desert of Egypt. The discovery was achieved through the Arcadia...
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Oil Prices Edge Higher to Close Out the Week
According to Reuters, oil prices went higher on Thursday after the United Kingdom and the European Union announced an agreement on a post-Brexit trade deal, and due to late-day buying...
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Savannah Energy Signs Revised GSA with Lafarge for Gas Supply to Cross River, Nigeria
Savannah Energy PLC has announced that it has entered into a revised Gas Sales Agreement (GSA), through its Accugas subsidiary, with Lafarge Africa PLC, a part of the LafargeHolcim Group,...
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Senegal: Woodside Completes Acquisition of Cairn’s Interest in the RSSD JV
Woodside Energy has completed the acquisition of the entire participating interest of Capricon Senegal Limited (Cairn) in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture. The...
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LEKOIL Publishes Operational and Trading Update for Otakikpo Marginal Field in Nigeria
Nigerian oil and gas exploration company, LEKOIL, has provided operational and trading update for the Otakikpo Marginal Field, which is the company's sole producing asset. Below are the updates on...
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Vaalco to Continue with Acquisition of Sasol’s Interest in Gabon
VAALCO Energy will go ahead with its previously announced acquisition of the working interest of Sasol in the Etame Marin block, offshore Gabon, as no other partner exercised their pre-emptive...
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Zenith Energy Awarded 25-year License to Operate Tilapia Oilfield in the Republic of Congo
Zenith Energy has been selected as the successful bidder by the government of the Republic of Congo, for the award of a new 25-year license to operate the Tilapia oilfield...
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Angola’s National Oil, Gas and Biofuels Agency (ANGP) to Award over 50 Explorations Blocks
Chairman of the new Angola National Oil, Gas and Biofuels Agency (ANGP), Engineer Paulino Jerónimo, has announced that the country will award over 50 exploration blocks from deep waters to...
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South Sudan to take Full Control of Oil Sector by 2027
The government of South Sudan has commenced plans to take full control of the world's youngest country's oil sector by introducing a training facility and controlling data storage. In a...
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Foreign Investment Network Holds Meeting with Global Leaders in Upstream Oil and Gas
The Foreign Investment Network - FIN United Kingdom organised a virtual meeting on Tuesday, 12th December 2020, themed "Global Investment Outlook for Upstream Oil & Gas Post COVID-19." FIN is...
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