West Africa
News
March 07, 2017
Cairn is pleased to announce the results of the SNE-5 appraisal well offshore Senegal, where operations have been safely and successfully completed ahead of schedule and under budget, following drilling, logging, drill stem testing and the setting of pressure gauges.
News
March 03, 2017
Polarcus Limited has announced that the company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a broadband data-set utilizing one of the company's Polarcus X-bow vessels operating under the Polarcus Explore Green environmental agenda.
News
March 03, 2017
Nigeria’s anti-graft agency filed new charges against Royal Dutch Shell Plc and Eni SpA, alleging the companies “corruptly” paid $801 million in 2011 when acquiring an offshore oil field.
News
March 01, 2017
Total has awarded its global maintenance contract for the Egina FPSO in Nigeria to a consortium of two Actemium business units: Actemium Oil & Gas Maintenance and PACE Nigeria, Actemium being the VINCI Energies brand dedicated to industrial processes. Beginning in 2018, the contract will span five years.
News
February 24, 2017
Kosmos Energy announced today that it has received government approval and completed its previously announced transaction with BP in Senegal.
News
February 20, 2017
LEKOIL, the oil and gas exploration and development company with a focus on West Africa, is pleased to announce that oil is flowing at Otakikpo field to onshore storage tanks, where it will be evacuated upon completion of the offshore pipeline.
News
February 14, 2017
Nigeria said it lost out on as much as $100 billion in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low.
News
February 13, 2017
Nigeria plans to generate as much as $16.4 billion through asset sales in the next four years to reduce the burden on the public budget, a Budget Ministry document showed.
News
February 08, 2017
Nigeria’s progress in curbing militant attacks hasn’t much boosted its oil output. While that’s bad news for a country mired in its worst economic slump in 25 years, it’s making life easier for fellow OPEC members.
News
February 03, 2017
Eni announces that the naming ceremony of the John Agyekum Kufuor floating production, storage and offloading (FPSO) vessel was held today in Singapore.
News
January 31, 2017
West African oil producers will next month send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Middle East producers.
News
January 27, 2017
A Nigerian court has ordered Royal Dutch Shell Plc and Eni SpA to cede control of a jointly owned oil license to the government amid an investigation into how they purchased the asset.
News
January 12, 2017
Nigeria’s blue-collar oil union suspended a planned three-day warning strike that began Wednesday after the government brokered a deal between workers and oil companies, including units of Chevron Corp. and Exxon Mobil Corp.
News
January 06, 2017
Hyperdynamics Corporation has accepted a proposal from its drilling contractor, Pacific Drilling, to deploy the Pacific Scirocco drillship in place of the Pacific Bora for Hyperdynamics' upcoming deepwater exploration well offshore the Republic of Guinea.
News
January 06, 2017
Royal Dutch Shell shut the Trans Niger oil pipeline after a fire, threatening to worsen a drop in Nigerian output due to unplanned disruptions.
News
November 05, 2015
Eni has reported a new discovery of gas and condensates offshore Congo, in the Nkala Marine exploration prospect, in Block Marine XII, about 20 km from the coast and 3 km from the producing Nene Marine field.
News
November 03, 2015
Royal Dutch Shell has failed to clean up four oil-spill sites in the crude-producing Niger River delta, three of which an under-resourced Nigerian regulator dealing with leakages said had been decontaminated, Amnesty International said in a report on Tuesday.
News
November 02, 2015
Chevron Corporation announced Monday that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from Lianzi field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
News
October 30, 2015
The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding (MOU) with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.
News
October 08, 2015
Plans by Nigeria, Africa’s biggest oil producer, to review offshore production contracts signed with international oil companies two decades ago, have added to uncertainty in an industry already lacking regulatory clarity, said analysts including Philippe de Pontet of Eurasia Group.
