West Africa
News
July 15, 2015
Despite over 37 billion bbl remaining in proven reserves, oil production in Nigeria is forecast to falter due to underinvestment, with the country’s oil and gas sector in desperate need of reforms and transparency to reverse this trend, according to an analyst with research and consulting firm GlobalData.
News
July 13, 2015
The plight of the Umeadis and others who haven’t received wages has hit everything from local shops to the banking industry in Africa’s biggest economy, in which about a third of the formal workforce of 11 million is employed by the state, according to Renaissance Capital.
News
July 10, 2015
A fatal explosion at a pipeline repair site in Nigeria claimed the lives of 12 workers on Thursday, Italy's Eni said in a statement.
News
July 09, 2015
Ophir Energy has awarded Upstream Front End Engineering and Design (FEED) contracts for the Fortuna FLNG Project in Block R, Equatorial Guinea, to two contractor consortia. The first consortia is comprised of McDermott Marine Construction Ltd. and GE Oil & Gas UK Ltd., and the second consists of Subsea 7 and Aker Solutions.
News
June 29, 2015
TGS has entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of $27.5 million on a cash and debt free basis.
News
June 22, 2015
End of 2014, BERNARD CONTROLS delivered and set up more than 120 explosion-proof, quarter-turn actuators (SQX models) with INTELLI+ intelligent integrated control, to automate an oil depot fire protection located in Douala (Cameroon) for SCDP.
News
June 19, 2015
Erin Energy has commenced production from the Oyo-7 well, in OML 120, offshore Nigeria. Erin Energy is the operator of Oyo field and has a 100% interest in the block.
News
June 11, 2015
For Nigeria’s state-owned energy company, supplying gas to power plants around the country depends on fixing pipelines quicker than they get ruptured.
News
June 08, 2015
Nigeria can boost its oil and gas production by changing the way capital investments are funded in its joint ventures with energy companies, according to Seplat Petroleum Development Co.
News
May 11, 2015
Cairn Energy and its JV partners have submitted a three-year evaluation work plan to the Government of Senegal.
News
May 01, 2015
Chariot and its partners—Cairn Energy and the SociétéMauritanienne des Hydrocarbures et de Patrimoine Miner (SMHPM)—have secured a one-year extension on the current exploration phase of license C-19 in Mauritania.
News
April 30, 2015
BP has confirmed the start of oil production from the Kizomba Satellites phase 2 development in Block 15, offshore Angola. Operated by Exxon Mobil, the deepwater project is expected to produce around 70,000 bopd at peak.
News
April 29, 2015
Eni has started production, two weeks ahead of schedule, at Cinguvu oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore. The start-up follows the achievement of West Hub’s first oil last November through Sangos field.
News
April 27, 2015
Kosmos Energy announced Monday that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.
News
April 27, 2015
Tullow Oil Plc gained in London after a tribunal ruling on a maritime border dispute between Ghana and Ivory Coast allowed an offshore oil project to proceed.
News
March 31, 2015
VAALCO Energy’s post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola, was drilled to a total vertical depth of approximately 1,829 m, the company confirmed Monday. The objective reservoir, the Mucanzo sand formation in the Pinda Group section, was found to be water-bearing and the well is in the process of being plugged and abandoned.
News
December 19, 2014
ABUJA, Nigeria (Bloomberg) -- Nigeria’s oil unions suspended their four-day national strike after reaching an agreement with the government, which included a push to pass an industry bill held up for years in parliament.
