West Africa
News
February 24, 2017
Kosmos Energy announced today that it has received government approval and completed its previously announced transaction with BP in Senegal.
News
February 20, 2017
LEKOIL, the oil and gas exploration and development company with a focus on West Africa, is pleased to announce that oil is flowing at Otakikpo field to onshore storage tanks, where it will be evacuated upon completion of the offshore pipeline.
News
February 14, 2017
Nigeria said it lost out on as much as $100 billion in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low.
News
February 13, 2017
Nigeria plans to generate as much as $16.4 billion through asset sales in the next four years to reduce the burden on the public budget, a Budget Ministry document showed.
News
February 08, 2017
Nigeria’s progress in curbing militant attacks hasn’t much boosted its oil output. While that’s bad news for a country mired in its worst economic slump in 25 years, it’s making life easier for fellow OPEC members.
News
February 03, 2017
Eni announces that the naming ceremony of the John Agyekum Kufuor floating production, storage and offloading (FPSO) vessel was held today in Singapore.
News
January 31, 2017
West African oil producers will next month send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Middle East producers.
News
January 27, 2017
A Nigerian court has ordered Royal Dutch Shell Plc and Eni SpA to cede control of a jointly owned oil license to the government amid an investigation into how they purchased the asset.
News
January 12, 2017
Nigeria’s blue-collar oil union suspended a planned three-day warning strike that began Wednesday after the government brokered a deal between workers and oil companies, including units of Chevron Corp. and Exxon Mobil Corp.
News
January 06, 2017
Hyperdynamics Corporation has accepted a proposal from its drilling contractor, Pacific Drilling, to deploy the Pacific Scirocco drillship in place of the Pacific Bora for Hyperdynamics' upcoming deepwater exploration well offshore the Republic of Guinea.
News
January 06, 2017
Royal Dutch Shell shut the Trans Niger oil pipeline after a fire, threatening to worsen a drop in Nigerian output due to unplanned disruptions.
News
December 25, 2016
Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20% in the next four years as new projects start up, Salah Mekmouche, the company’s V.P. of exploration and production, said.
News
December 19, 2016
Penspen, a provider of engineering and project management services, has signed a strategic alliance agreement with Nigerian engineering firm Crestech.
News
December 19, 2016
BP agreed to buy stakes in West African licenses held by Kosmos Energy for $916 million as the British producer builds its natural-gas business following an acquisition in Egypt last month.
News
December 06, 2016
PARIS, France -- CGG announced the delivery of near real-time imaging results for a 4,200 sq km BroadSeis 3D marine seismic survey acquired offshore Morocco. CGG delivered the very-fast-track (VFT) RTM PSDM volume to the client only four days after the last shot.
News
December 01, 2016
CGG announced that the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company's recent 3D BroadSeis multi-client survey in the highly prospective Gabon South Basin are now available for license.
News
November 25, 2016
The CI-GNL (Ivory Coast LNG) consortium led by Total has been awarded the rights to build and operate a liquefied natural gas (LNG) re-gasification terminal in Ivory Coast with a capacity of 3 mtpa.
News
November 24, 2016
When OPEC exempted Nigeria from its plan to cut oil output for the first time in eight years, it highlighted how far Africa’s biggest producer has fallen.
News
November 17, 2016
Nigeria reached a $5.1-billion settlement to reimburse foreign oil companies, including Exxon Mobil CNigeria orp. and Royal Dutch Shell Plc for past operating costs.
News
November 10, 2016
Ophir Energy and OneLNGSM, a joint venture between subsidiaries of Golar LNG and Schlumberger, have signed a binding agreement to establish a joint operating company (JOC) to develop the Fortuna project, in Block R, offshore Equatorial Guinea.
