Uncategorised Archives | Page 45 of 119

21st July 2021

Oando Reaches Agreement with Nigeria’s Security & Exchange Commission

After years of legal wrangling, Oando Plc has reached an agreement with the Securities and Exchange Commission (SEC) in the best interests of the company's shareholders and the capital market....

20th July 2021

Angola’s ANPG Receives 45 Bids for its 9 Onshore Oil Blocks

Several firms have shown interest in Angola's onshore tender cycle, which was initiated to reverse the decreasing trend in oil output and improve gas production. The National Agency for Oil,...

20th July 2021

OPEC+ Agreed to Boost Oil Supply by 400,000 Barrels Per Day

The Organization of Petroleum Exporting Countries (OPEC) and its allies decided to increase world oil output by 400,000 barrels per day in a statement issued at the end of the...

19th July 2021

Uganda Seeks to Transport Fuel Through Tanzanian Ports to End Kenyan Monopoly

Uganda is looking at ways to reduce its dependency on Kenya for petroleum imports by resuming exports through Tanzania. The country accounts for around three-quarters of the transit cargo at...

18th July 2021

UAE Agrees to Saudi Arabia Output Proposal; Resolves with OPEC

According to World Oil, an anonymous OPEC delegate revealed that the UAE has settled its impasse with OPEC+ and achieved a compromise arrangement that will grant it a new output...

17th July 2021

Woodside Launches Sangomar Drilling Campaign in Senegal

The drilling campaign for the Sangomar Field Development Phase 1 offshore Senegal will begin this week, according to Woodside, the operator of the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep...

16th July 2021

Angola’s Crude Output Fell to a 17-year low in June

Angola's crude output fell to a 17-year low of 1.073 million barrels per day in June, according to the Agência Nacional de Petróleo, Gás e Biocombustibles (ANPG). Because of technical...

15th July 2021

Eni, Sonangol, and Tiptop Energy have all Signed Sharing Agreements with Angola’s ANPG

On July 12, the Angola's National Oil, Gas and Biofuel's Agency (ANPG) signed production sharing agreements (PSA) with Eni, Sonangol, and Tiptop Energy for blocks 27 and 28. Sonangol has...

15th July 2021

SDX Energy Provides Drilling Activity Updates in Egypt

SDX Energy, a MENA-focused oil and gas company, has released an update on drilling operations at the Ibn Yunus-2 well in Egypt's onshore Nile Delta's South Disouq Exploration Permit (SDX...

14th July 2021

Lekoil CEO Says the Company Has Four Outstanding Assets in Nigeria

Mr Lekan Akinyanmi, the Chief Executive Officer of Lekoil Nigeria Limited, said his business now has four outstanding properties that would make an impact in Nigeria's hydrocarbon industry, speaking on...