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Libya’s NOC Announces Over $1.1 billion General Revenue of Sales for December 2020

The National Oil Corporation (NOC) of Libya has announced that the general revenue of sales of crude oil, gas, condensates, petroleum products and petrochemicals for December 2020 reached a record...
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Savannah Energy Provides 2020 Updates and 2021 Targets

The African-focused British independent energy company, Savannah Energy, has announced a trading update for 2020, and guidance for 2021. 2020 was the first full year of operating the high margin...
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Sonangol Excludes Galp from Asset Disposal Programme; Sonatrach Signed 1,100 Contracts Over 2020

Commenting on the national asset disposal programme, the state-owned oil company, Sonangol, has announced that it will retain its strategic interest in Galp Energia, its Portuguese counterpart. The development was...
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TDI-Brooks Completes Geophysical and Geotechnical Campaign in Elon Field, Equatorial Guinea

TDI-Brooks International has completed a geophysical and geotechnical (G&G) campaign for Trident Equatorial Guinea, in the Elon field, off the coast of Equatorial Guinea. The site survey work was performed...
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Angola Awards Lean Gas Platform (LGP) Project to Subsea 7; Oil Production for 2020 Dropped by 16%

Subsea 7 S.A. has announced it has been awarded a contract for the Sanha Lean Gas Connection (SLGC) project by the Cabinda Gulf Oil Company Limited (CABGOC). The project includes...
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Egypt Signs Concession Agreement with Mubadala Petroleum for Red Sea Block 4

The Egyptian Minister of Petroleum and Mineral Resources, Engineer Tariq El-Molla, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block...
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Libya Seeking Funds from Foreign Partners to Fix Ailing Oil Infrastructure

Speaking at the Atlantic Council's conference earlier this week, the Head of the National Oil Corporation of Libya (NOC), Mustafa Sanalla, said the country is talking to its partners to...
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Over $10 Billion Investment in Energy Infrastructure is Ongoing in Nigeria – NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, announced that there is at least $10 billion worth of investments currently ongoing in the energy sector...
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ReconAfrica Contracts Polaris for 2D Seismic Survey in the Kavango Basin, Namibia

Reconnaissance Energy Africa (ReconAfrica) has started the permitting process for the acquisition of 450 kilometres of 2D seismic data in the deep Kavango Basin in the Kalahari Desert of North...
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Tunisia and Libya Discuss Oil Sector Cooperation

The Tunisian ambassador to Libya, Assaad Ajili, met with the Head of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, to discuss strengthening the countries' cooperation in the oil sector....
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