West Africa
News
April 11, 2017
Royal Dutch Shell Plc said it knew some of the $1.1 billion paid to the Nigerian government in 2011 for an exploration license would go to a company linked to the country’s former oil minister, changing its previous stance on a deal that’s under investigation for alleged corruption.
News
April 06, 2017
Cairn has announced the results of the VR-1 well offshore Senegal. Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following the drilling and logging operations.
News
April 04, 2017
TGS announces a further expansion of its NWAAM multi-client library in the MSGBC basin with plans to acquire more than 11,000 km of long-offset broadband 2D seismic data together with magnetic and gravity data, in Senegal and Gambia.
News
April 04, 2017
When militants in Nigeria’s southern Niger River delta started attacking oil installations, President Muhammadu Buhari promised to crush them by force. A year and $7 billion in lost oil exports later, his decision to switch tack by negotiating with the fighters seems to be working.
News
April 03, 2017
Lloyd's Register has signed an agreement with GOSCO to form a joint venture dedicated to providing well project management, well engineering and associated site survey, geotechnical and rig inspection services, in the territorial waters of the Republic of Ghana.
News
March 28, 2017
La Generale Petroliere du Congo, a family-owned exploration company, said it expects the Democratic Republic of Congo’s government to sign an oil production-sharing contract after a tribunal upheld its rights to blocks covering the length of Lake Tanganyika.
News
March 22, 2017
Eni today announced that it has obtained majority stakes in two new exploration blocks off the shore of the Ivory Coast. The two blocks are located approximately 50 km from the country’s coastline.
News
March 22, 2017
GE Oil & Gas has opened a new facility in Takoradi Port, Ghana, expanding its global footprint and supporting local investment. The company committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years, as it seeks to build a world-class team locally.
News
March 22, 2017
JDR, a supplier of subsea cables and umbilicals for the global offshore energy industry, has expanded its presence in West Africa through a partnership agreement with Proserv Instrumentation Nigeria Ltd.
News
March 10, 2017
Integrated energy group Aiteo has announced a peak production of 90,000 bopd just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil block OML 29.
News
March 07, 2017
Nigeria will sell portions of its oil assets to help fund President Muhammadu Buhari’s four-year plan to lift the economy from its worst slump in a quarter century and create 15 million jobs.
News
March 07, 2017
Cairn is pleased to announce the results of the SNE-5 appraisal well offshore Senegal, where operations have been safely and successfully completed ahead of schedule and under budget, following drilling, logging, drill stem testing and the setting of pressure gauges.
News
March 03, 2017
Polarcus Limited has announced that the company has finalized a contract for 3D marine seismic acquisition in Australia. The program will deliver a broadband data-set utilizing one of the company's Polarcus X-bow vessels operating under the Polarcus Explore Green environmental agenda.
News
March 03, 2017
Nigeria’s anti-graft agency filed new charges against Royal Dutch Shell Plc and Eni SpA, alleging the companies “corruptly” paid $801 million in 2011 when acquiring an offshore oil field.
News
March 01, 2017
Total has awarded its global maintenance contract for the Egina FPSO in Nigeria to a consortium of two Actemium business units: Actemium Oil & Gas Maintenance and PACE Nigeria, Actemium being the VINCI Energies brand dedicated to industrial processes. Beginning in 2018, the contract will span five years.
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.
