Sub Sahara Africa
News
April 11, 2017
HNR Energia B.V., a wholly-owned subsidiary of Harvest Natural Resources, Inc. closed the sale of all of its Gabon interests in accordance with a previously announced sale and purchase agreement dated Dec. 21, 2016 among Harvest, HNR Energia B.V. and BW Energy Gabon Pte. Ltd, a private Singapore company.
News
April 04, 2017
2H Offshore, an Acteon company, has successfully completed the installation of the first of 17 production top tension risers (TTRs) for Total E&P Congo’s Moho Nord field.
News
March 24, 2017
Royal Dutch Shell, through its affiliates, has reached an agreement with Assala Energy Holdings, a portfolio company of the Carlyle Group, to sell 100% of its Gabon onshore assets for $587 million. The sale and purchase agreement (SPA) is subject to certain conditions which include various approvals. Closing is expected in mid-2017.
News
March 20, 2017
South Sudan and Equatorial Guinea announced an historic partnership today in Juba, setting out the terms for a strong bilateral relationship between the African oil and gas producers.
News
March 15, 2017
Total has started production from the Moho Nord deep offshore project, located 75 km offshore Pointe-Noire in the Republic of the Congo. The project has production capacity of 100,000 boed.
News
March 06, 2017
Bowleven plc, the Africa focused oil and gas exploration group and Victoria Oil & Gas Plc, an integrated energy company with operations in Cameroon, both trading on AIM, are pleased to announce that they have signed a farm-out agreement relating to the Bomono production sharing contract (Bomono PSC).
News
February 27, 2017
Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.
News
January 23, 2017
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has announced that it has submitted its interest to join the Organization of Petroleum Exporting Countries (OPEC) in 2017.
News
January 05, 2017
VAALCO Energy, Inc. has announced that the Avouma 2-H well on the Avouma platform offshore Gabon is back on production after utilizing a hydraulic workover unit to replace a failed Electric Submersible Pump (ESP) system.
