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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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Libyan Sirte Oil Company Reaches Production Rate of Over 100,000 bpd

The National Oil Corporation of Libya announced that Sirte Oil Company has achieved new and unprecedented crude oil production of over 100,000 barrels per day (bpd) compared to its average...
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Tanzania to Resume Oil and Gas Negotiations with IOCs in 2021

The Tanzania Petroleum Development Corporation (TPDC) is hopeful that the Host Government Agreement (HGA) negotiations between the government and International Oil and Gas Companies on the Liquefied Natural Gas (LNG)...
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Nigerian Senate Fixes Crude Oil Price at $40 per barrel for 2021

The Senate of the Federal Republic of Nigeria has passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) and set the benchmark for crude oil...
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