Submitted by mediacoms1 on Mon, 2015-05-25 12:17
SacOil Holdings Limited, the African independent upstream oil and gas company, announced the termination of its joint venture with Nigdel United Oil Company (Nigdel) of Nigeria, and consequently its participation in Oil Prospecting Licence (OPL) 233 on Thursday, 20 May. The 126 square kilometre, offshore oil block is located in the core shallow marine area of the Niger Delta region.
Submitted by oilgasafrica on Thu, 2015-05-21 23:00
Seven Energy International Limited (“Seven Energy”), the indigenous Nigerian integrated gas company, through its wholly owned subsidiary, Accugas, has commenced supply of gas to the Alaoji Independent Power Project in Alaoji, Abia State.
Submitted by oilgasafrica on Tue, 2015-05-19 06:25
Anadarko Petroleum Corporation (NYSE: APC) on behalf of the co-venturers in Mozambique's Offshore Area 1, and after a competitive FEED (front-end engineering and design) process, today announced the selection of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in Mozambique.
Submitted by oilgasafrica on Mon, 2015-05-18 23:00
Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, is pleased to announce that the Group has signed the contract today for providing technical services, including cementing and drilling fluid services, for a project of a Chinese non-SOE investor in Ethiopia at a contract value totaling approximately RMB200 million for an effective period of 2 years, among which RMB130 million of cementing services, and RMB70 million of drilling fluid services. The project is expected to commence operation in the second half of 2015, and shall be completed in two years.
Submitted by oilgasafrica on Sat, 2015-05-16 08:34
Universal LNG Holdings Inc. is proud to announce the formation and launch of the West Africa LNG Development, LLC, a ground-breaking solution partnership between Universal LNG Holdings, Inc., and Sembcorp Marine’s wholly owned subsidiary Jurong Shipyard that is poised to set a new, greener standard for global oil production and supply Africa with needed energy resources.
Submitted by oilgasafrica on Sat, 2015-05-16 08:25
At its governing body meetings this week, the Climate Investment Funds (CIF) unanimously endorsed Ghana's ambitious investment plan to transform and promote its renewable energy sector. The plan, which is slated to receive $40 million in funding from the CIF's Program for Scaling Up Renewable Energy in Low Income Countries (SREP), is structured around four key projects: renewable energy mini-grids and stand-alone solar PV systems; solar PV-based net metering with storage; utility-scale solar PV/wind power generation; and a technical assistance project (supported by the Sustainable Energy Fund for Africa – SEFA).
Submitted by oilgasafrica on Fri, 2015-05-15 15:28
Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) announced today it has received executive approval to extend the initial exploration period for blocks A2 and A5 in The Gambia by 24 months to December 31, 2018.
Submitted by oilgasafrica on Fri, 2015-05-15 12:21
Savannah Petroleum, the Niger focused oil and gas company, is pleased to provide an update on its technical assessment of the resource potential of the R1/R2 licence area.
Submitted by oilgasafrica on Thu, 2015-05-14 07:13
UOP LLC, a Honeywell (NYSE: HON) company, announced today that its process technology, catalysts and proprietary equipment will form the basis for the largest refinery in Africa, reducing Nigeria's dependence on imported fuels and petrochemicals.
Submitted by JohnHarvey78 on Mon, 2015-05-11 11:45
Impact Oil & Gas executive chairman Mike Doherty believes Africa’s geological setting makes it a prime area for exploration, and is particularly upbeat about the offshore opportunities the continent offers.
Submitted by oilgasafrica on Thu, 2015-05-07 14:39
Engen, the leading marketer of liquid fuels and lubricants in Namibia, has taken a major stride forward with a N$48 million investment in a new fuel depot in the north-Namibian town of Grootfontein.
Submitted by oilgasafrica on Tue, 2015-05-05 20:50
Golar LNG ("Golar") announced today that it has signed a binding Heads of Terms with Ophir Energy Plc ("Ophir") for the provision of the GoFLNG vessel Gimi. The Heads of Terms has been approved by Ophir's Equatorial Guinea, Block-R upstream partner GEPetrol, and will be formally ratified by GEPetrol next week. The agreement will be structured as a 20-year tolling contract, commencing commercial operations in the first half of 2019. Block R's 2.5 tcf of high purity 2P gas resources, situated in an area of benign sea states, are ideally suited for the application of Golar's GoFLNG technology.
Submitted by oilgasafrica on Mon, 2015-05-04 14:35
Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT: ERN) announced today it has commenced production from the Oyo-8 well (“Oyo-8”) located in OML 120 offshore Nigeria. Erin Energy is the operator of the Oyo field and has a 100% interest in the block.
Submitted by oilgasafrica on Fri, 2015-05-01 08:24
Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today provides an update on the C-19 block offshore Mauritania.
Submitted by oilgasafrica on Thu, 2015-04-30 15:18
Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola.