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LEKOIL Enters into Strategic Alliance Agreement with NAMCOR E&P

Oil and gas exploration company, LEKOIL, has announced it has entered into a Strategic Alliance Agreement (SAA) with NAMCOR Exploration and Production (PTY) through its subsidiary, LEKOIL Exploration & Production...
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Global Petroleum Provides Namibian License Update in H1 2020 Results

Global Petroleum has provided an update on its Namibian and Italian activities in H1 2020. OPERATIONS IN NAMIBIA - The report focuses on the interpretation of the existing seismic data...
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Total Makes Significant Gas Condensate Discovery on the Luiperd Prospect in South Africa

French oil and gas giant, Total, has announced a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, offshore South Africa. The Basin...
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NNPC Cautions Nigerians Against Panic Buying of Fuel as there is no Scarcity

Nigeria's National Oil Company, NNPC, attributed the queues for fuel that was experienced in the country's Federal Capital Territory yesterday to the curfew imposed in some states in the country...
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Panoro Energy Completes Side-tracks of Guebiba 10 Well in Tunisia

Panoro Energy has announced the successful drilling and completion of the Guebiba 10 side-track well (Gue-10AST) located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services...
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16.2 Million Euros Secured for the Funding of Madagascar’s Largest Solar Power Plant

GreenYellow, Axian, Societe Generale, GuarantCo and African Guarantee Fund have closed a Managing General Agent (MGA) 73.8 billion (€16.2 million/$19 million) transaction for the debt funding of the largest solar...
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Total Signs Host Government Agreement with Tanzania for EACOP

Total E&P has signed a separate Host Government Agreement (HGA) for the proposed East African Crude Oil Pipeline (EACOP) with the Tanzanian government. The signed agreement is key to the...
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Aminex Completes Ruvuma Farm-out to APT in Tanzania

Aminex, through its wholly-owned subsidiary, Ndovu Resources, has completed the transfer of 50% interest and operatorship of the Ruvuma PSA to ARA Petroleum Tanzania (APT). Over the past 12 months,...
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Ugandan Government Approves Tullow’s Sale to Total E & P

After almost sixteen (16) years in Uganda, Tullow Oil has announced it has received the final approval from the Ugandan government for its farm down to Total E&P. The issued...
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Libya Lifts Force Majeure on El-Feel Oilfield

The National Oil Company (NOC) of Libya has announced that it had lifted force majeure on the El-Feel oilfield, which marks the end of the blockade of all oil fields...
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