Block Energy plc is expanding into offshore Gabon through a conditional agreement with Pilgrim Exploration Limited tied to the Ndjila and Mpari production sharing contracts (PSCs), marking the company’s entry into a new West African upstream region alongside a proposed $6.3 million equity fundraise.
Etu Energias and its partners in Angola’s Block 2/05 have successfully completed drilling, completion and testing operations at the Espadarte 7ST2 appraisal well in the Lower Congo basin offshore Angola.
Tunde J. Afolabi, chairman and CEO of Amni International, talks to the Energy Year about the company’s promising drilling campaigns at the Okoro and Tubu fields and the rising importance of independent operators in Nigeria’s oil and gas space.
The downstream petroleum industry has become the latest frontier for the government’s ambitious productivity drive, with the National Petroleum Authority (NPA) unveiling a massive operational expansion under the 24-hour economy programme.
Eni, the Italian major, and its partners in the Sankofa and Gye Nyame fields offshore
Ghana have signed a significant agreement with the government to increase
domestic gas supply by approximately 30%.
After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has signed a new agreement with Chinese firms to revive its moribund facilities. The NNPC has signed a Memorandum of Understanding (MoU) with Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial […]
Africa’s richest person, Aliko Dangote, is targeting a $50 billion valuation for his flagship refinery business ahead of a planned stock market listing in Nigeria later this year, people familiar with the matter have told Bloomberg.
The signing of agreement between the Nigerian National Petroleum Company Limited and two Chinese companies for the revival, operation and maintenance of the Port Harcourt and Warri refineries has sparked reactions from energy analysts and public affairs commentators, writes Peter Uzoho
Perenco has completed an enhanced oil recovery project at the Tchibouela East field offshore the Republic of the Congo.
The Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, is calling for a review of Ghana’s Petroleum Act to guarantee a more consistent allocation of locally produced crude oil to the Tema Oil Refinery (TOR).