Tullow Oil will acquire Capricorn Energy in an all-stock deal worth 656.9 million pounds ($826.7 million)
U.S. West Texas Intermediate (WTI) crude settled up 1 cent, or 0.01%, at $110.29 a barrel, while Brent crude futures settled up 87 cents, or 0.7%, to at $113.42.
The Public Interest Accountability Committee (PIAC) has expressed satisfaction with some ongoing projects in the Western North and the North East Regions.
PIAC wants a timely assessment of Ghana’s management and use of petroleum revenues to identify areas of strength and weakness to strategise for the future
Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent.
Tanzania petroleum regulators insist that there is no operational contract signed between the government and Petrodel which claims to own the three blocks.
Irish-listed oil and gas explorer Tullow Oil expects to maintain 2022 production at 59,000 to 65,000 barrels of oil per day as it concentrates on assets in Ghana.
Kuwait plans to start building the world’s largest petroleum research centre by the end of the year
H.E. Djerassem le Bemadjiel, the Minister of Petroleum and Energy of the Republic of Chad, will promote the central African country’s hydrocarbon-rich basins and investment opportunities within the overall energy sector at African Energy Week (AEW).
When it comes to the Biden administration’s vision on drilling for offshore oil and gas, all eyes could soon fall to Amanda Lefton.