A military coup in Niger leading to the overthrow of the democratic government which has forced the shuttering of borders has ended planned exports of Nigerian petrol across the continent as demand decreases at home.
Oil and gas companies in Nigeria flared 138.7 million metric standard cubic feet of gas in the first half (H1) of 2023, the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, (NOSDRA) has said.
Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, is partnering with the Government of Senegal to fund the development of the landmark Sangomar oil field.
Indigenous oil and gas servicing firm, Engineering Automation Technology Limited, has sealed a partnership deal with Emerson Automation Solutions Limited to improve automation and control solutions in the oil and gas industry.
The Ghanaian government has approved the country’s Green Minerals Policy in an effort to maximize value created from critical mineral resources.
UK company Trinity Exploration & Production has found what it describes as “virgin oil in a super-mature basin” onshore Trinidad and Tobago with over 290 feet of net oil pay at the Jacobin-1 well.
US giant Occidental Petroleum has drilled a near-field exploration well in Oman’s onshore Block 65, delivering an impressive 6000 barrels of oil equivalent per day on a production test, said chief executive Vicki Hollub.
Independent oil and gas producer Azule Energy has awarded two subsea contracts for works associated with the Ndungu oilfield development, located 130km offshore Angola.
Angola, a close partner of China and energy producer situated on the west-central coast of Southern Africa, is intensifying its efforts to foster oil and gas cooperation with Chinese companies through bids for new projects. This move aims to leverage the potential of the robust Chinese market.
Kosmos Energy Ltd on Monday said revenue tumbled in the second quarter due to lower oil prices