Sub Sahara Africa
News
November 03, 2019
The S-5 well was drilled to a depth of 4,400 meters and encountered 39 meters of net oil play in the Santonian reservoir in the offshore Rio Muni Basin, the Ministry of Mines and Hydrocarbons said in an emailed statement.
News
October 23, 2019
The memorandum lays the basis for LUKOIL’s potential participation in projects to explore and produce hydrocarbons in Equatorial Guinea.
News
October 03, 2019
Supported by the African Energy Chamber, the Year of Investment 2020 is an initiative of the Ministry of Mines and Hydrocarbons to pursue Equatorial Guinea's agenda of energy cooperation and investment, and see the signing of several energy deals in 2020.
News
September 13, 2019
The objective of the Etame 9P appraisal wellbore is to test the Dentale reservoirs beneath the Etame field. VAALCO estimates that there could be up to 4.6 MM gross barrels of recoverable oil present in the Dentale reservoirs.
News
September 06, 2019
Equatorial Guinea wants to secure $700 million in support from the International Monetary Fund by January as the country seeks to help shore up central Africa’s common currency.
News
August 27, 2019
Tracey Henderson is returning to the corner of Africa where two decades ago she started to make her name in the oil world.
News
August 04, 2019
Malaysia’s state-owned oil company has signed an agreement with Gabon for two exploration permits after the African country enacted a new oil law last month, the government said in a statement citing Noel Mboumba, Gabon’s petroleum minister.
News
July 31, 2019
Maritime Developments will supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea, with a work scope to cover the launch of a number of new wells in an existing network of drill centers in the West African basin.
News
July 23, 2019
Tenaris was awarded the offshore export pipeline for the Alen Gas Monetization Project in Equatorial Guinea, a key component of Noble Energy’s growth strategy in West Africa.
News
July 10, 2019
Welltec has announced the first deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019.
News
June 27, 2019
Equatorial Guinea Ronda has received great interest from public and private Chinese companies to invest in Equatorial Guinea and explore opportunities in oil & gas and minerals at the upcoming EG Ronda Licensing Round meetings in Beijing organized by the African Energy Chamber.
News
June 06, 2019
PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
News
May 29, 2019
Oil giant Total SA, the only oil major exploring for crude in the Democratic Republic of Congo, indicated it’s pulling out of a block in the central African nation, one of its partners said.
News
April 25, 2019
Maersk Supply Service has been selected to deliver an integrated FPSO mooring installation and replacement solution for an American oil major in the Gulf of Guinea. Maersk Supply Service will provide the full work scope from project management to execution.
News
April 10, 2019
Acquisition of CGG’s 6,089.44 mi (9,800 km) long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed.
News
April 01, 2019
Following the signing of definitive agreements for the monetization of gas from Equatorial Guinea’s Alen Unit, pan-African oil and gas exploration and production company, Atlas Oranto Petroleum is planning to make a significant investment into the country’s backfill project.
News
March 07, 2019
An international court ordered the Democratic Republic of Congo to pay DIG Oil Ltd of South Africa $617 million for failing to honor two oil contracts, weeks before outgoing President Joseph Kabila finally approved one of the deals.
News
January 28, 2019
The company plans to drill in Block Z; Equatorial Guinea’s block Z holds an estimated 3.6 Tcf of gas; RoyalGate is also interested in Angola’s marginal field licensing round.
News
December 17, 2018
AAOG, an independent oil and gas developer, has reported the following update in relation to its TLP-103C well at the Company’s Tilapia license.
News
December 03, 2018
The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, calls for unity among oil producing ahead of this week’s 175th ordinary meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna.
News
November 21, 2018
At the South Sudan Oil and Power Conference in Juba, the Minister of Mines and Hydrocarbons announced the decision to mandate all petroleum operators to cancel all contracts with U.S.-based oil service company Subsea 7, due to noncompliance of Equatorial Guinea’s local content regulations.
