Uncategorised Archives | Page 71 of 119

24th December 2020

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...

24th December 2020

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...

24th December 2020

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...

23rd December 2020

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...

23rd December 2020

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...

22nd December 2020

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...

22nd December 2020

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...

22nd December 2020

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)...

21st December 2020

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...

20th December 2020

Total and Greentech to Build and Operate 35 MWp Solar Plant in Angola

A subsidiary of French oil and gas company, Total - Independent Power Producer (IPP), Total Eren, has obtained the agreement of the Angolan government to build a 35 MWp photovoltaic...