UK-based Matrix Petroleum Targets the Namibian Petroleum Sector
Matrix Petroleum, which is currently operating in South Africa, Zambia and Zimbabwe, is hoping to break into the Namibian market in a year or two, as part of its African...
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Total Côte d’Ivoire to Distribute 99% of its 2020 Net Profit to its Shareholders
According to the financial statements published by Total Côte d’Ivoire on the Regional Securities Exchange (BRVM) of Abidjan where it is listed, the Company plans to distribute 99% of its...
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Dana Gas Terminates Agreement for Sale of Egyptian Assets
Dana Gas has announced the termination of its agreement for the sale of its Egyptian assets as several conditions necessary for the completion of the transaction were not satisfied by...
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Indian Oil Imports from OPEC Member Countries Drops to Two-Decade Low
The Organisation of Petroleum Exporting Countries's share of the world's third-biggest oil importer’s import fell to the lowest in at least two decades in the year-to-end of March as the...
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Lenders Withdrawing from Total’s Hoima – Tanga Crude Oil Pipeline (EACOP)
Several lenders are reportedly walking away from financing the Total SE-sponsored EACOP project, barely three weeks after the official launch. Last week, it was reported in French Newspaper, Les Echos,...
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SDX Provides Update on its Drilling Operations in Morocco
SDX Energy has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year. The...
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Woodside Energy Contracts Zenith Energy a Drilling Contract Offshore Senegal
Project and well management firm, Zenith Energy, has been awarded a multi-year contract by Woodside Energy (Senegal) B.V. for drilling and completion engineering and ad-hoc support services for the Sangomar...
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PetroNor Receives Approvals to Proceed with SPE Guinea Bissau AB Purchase
Independent oil and gas exploration and production company with a focus on sub-Saharan Africa, PetroNor, has released an update on its purchase of SPE Guinea Bissau AB. The purchase was...
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NOC Libya Lifts Force Majeure on Marsa el-Hariga Terminal
In a statement on Monday, 26th April 2021, the National Oil Corporation of Libya (NOC) stated that crude loadings out of the 250,000 b/d Marsa el-Hariga terminals were set to...
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ADM Energy Completes Barracuda Field Acquisition Offshore Nigeria
ADM Energy has announced the completion of its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda field in OML 141, offshore...
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