Submitted by oilgasafrica on Thu, 2019-02-07 20:46
Gas discovery in the offshore Outeniqua Basin speaks to South Africa’s hidden oil & gas potential; gives an opportunity for a meaningful dialogue on attractive legislation and local content development.
Submitted by oilgasafrica on Thu, 2019-01-10 09:09
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is delighted to announce that through its joint-venture subsidiary, Elcrest Exploration and Production Nigeria Ltd ("Elcrest"), it has completed drilling phase of the Gbetiokun-3 appraisal/development well.
Submitted by oilgasafrica on Wed, 2019-01-09 17:28
In December, I was accompanying OPEC Secretary General Mohammed Sanusi Barkindo and Africa Oil and Power CEO, Guillaume Doane on a working visit to Angola. This is an oil market that has been under a lot of scrutiny by many industry players and there is no question that Angola’s oil sector is at a time of transformation. It is now clear that when President João Lourenço’s promised he would clean the country’s administration and revamp its economic engine, namely the national oil company Sonangol, he meant business.
Submitted by oilgasafrica on Wed, 2019-01-09 07:01
Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business, the two companies have decided to establish a Joint Venture company to develop a common retail and distribution activity in the country, the fourth largest market in sub-Saharan Africa.
Submitted by oilgasafrica on Sat, 2019-01-05 13:28
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces that through its joint-venture subsidiary, Elcrest Exploration and Production Nigeria Ltd ("Elcrest"), development operations continue on the Gbetiokun field.
Submitted by oilgasafrica on Wed, 2019-01-02 13:26
CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today Egina Field, located in deepwater offshore Nigeria, has commenced production.
Submitted by oilgasafrica on Sun, 2017-07-02 23:00
Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that its wholly-owned subsidiary, Africa Oil SA Corp., has entered into a definitive farmout agreement with Azinam Limited ("Azinam"), the Seacrest Capital-backed South West African-focussed oil & gas exploration company, whereby Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa. Azinam will retain a 20% participating interest and Ricocure (Pty) Ltd retains a 60% participating interest.
Submitted by oilgasafrica on Mon, 2016-08-08 21:20
Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.
Submitted by kathryn.mackenz... on Tue, 2016-07-26 11:30
Intertek, a leading Total Quality Assurance provider to industries worldwide, has achieved its first industry accreditation in South Africa for flow metering verification.
Submitted by oilgasafrica on Tue, 2016-02-23 00:00
Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to report that it has completed the previously announced (November 9, 2015) farmout with Maersk Olie og Gas A/S ("Maersk Oil") related to the South Omo and Rift Basin Blocks in Ethiopia.
Submitted by oilgasafrica on Fri, 2016-02-19 00:00
Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces that it has completed its 3D seismic survey in Blocks 2312 & 2412A (the "Central Blocks") offshore Namibia in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%).
Submitted by kathryn.mackenz... on Tue, 2016-02-16 13:22
Intertek, a leading quality solutions provider to industries worldwide, has enhanced its sample cylinders services to provide significant cost savings for clients.
Submitted by oilgasafrica on Sun, 2016-02-14 13:55
The Ministry of Mines, Industry and Energy of Equatorial Guinea (http://MMIE.gob.gq) is pleased to announce that Riaba Fertilizers Limited has awarded the EPC contract for a new petrochemicals complex to a Chinese consortium led by East China Engineering Science and Technology Co. Ltd (ECEC).
Submitted by oilgasafrica on Sun, 2016-02-14 13:03
As a leading producer and marketer of fuels, lubricants and oil-based products, Engen Petroleum’s vision for growth has reached another milestone in Zambia following the construction of an all new pipeline linking the Engen depot in Lusaka to the government facility.
Submitted by oilgasafrica on Mon, 2016-02-08 15:26
SDX Energy Inc. (“SDX” or the “Company”) (TSX VENTURE: SDX), an oil & gas exploration and production company with assets in Egypt & Cameroon, is pleased to announce the Al Amir SE 23 development well in North West Gemsa, has encountered significant oil bearing reservoir sections in both the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar.