Nigeria has launched new terms and conditions for six offshore PSCs in a race to drive up production as the global energy transition moves forward
Opoku-Ahweneeh Danquah said that there are inherent challenges in Ghana’s oil and gas sector which requires the immediate attention of all stakeholders
The Ghana Upstream Petroleum Chamber has called on the government to urgently put in strategic incentives to attract more investment in oil exploration in the country.
Declining crude oil production poses a serious threat to the economy if nothing is done to incentivise and expedite exploration, says a report by Ghana Upstream Petroleum Chamber.
Kenya’s President Uhuru Kenyatta has commissioned the East African nation’s Sh40 billion (US$335,570,468.00) Kipevu Oil Terminal 2 in Mombasa.
Nigerian President Muhammadu Buhari reversed his earlier authorization of Seplat Energy Plc’s $1.28-billion purchase of Exxon Mobil Corp. assets and backed the energy regulator’s decision to reject the deal, according to a spokesman.
A Turkish ship sets off to drill for gas in the eastern Mediterranean – a move that risks inflaming regional tensions.
Warren Buffett’s company has now bought up more than $11 billion worth of Occidental Petroleum stock this year to give Berkshire Hathaway control of more than 20% of the oil producer
Hogan Lovells has announced that it has advised Barak Fund and TriLinc on an 8-year $425m facility with Genser Energy Ghana to fund gas midstream projects.
Nigeria’s President, Muhammadu Buhari, has approved the Seplat Energy Offshore Limited acquisition of Exxon Mobil shares in the United States of America.