West Africa
News
July 15, 2016
Oil rose as Exxon Mobil Corp. declared force majeure on shipments of Nigeria’s biggest crude export grade.
News
July 14, 2016
Marathon Oil has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
News
July 14, 2016
ConocoPhillips has entered into an agreement to sell its 35% interest in three exploration blocks offshore Senegal, which include the SNE and FAN discoveries.
News
July 05, 2016
VAALCO Energy, Inc., has executed an agreement with Transocean Ltd., regarding the remaining contract term associated with the Constellation II rig utilized in the company’s recent drilling program offshore Gabon, which provides for payment of $5.1 million net to VAALCO’s interest for unused rig days under the contract.
News
June 30, 2016
LONDON (Bloomberg) -- Tullow Oil detailed plans to fix a faulty turret at a production vessel at its flagship field off Ghana and revised its estimates of West African output. The shares rose.
News
June 30, 2016
Goldman Sachs Group Inc. said oil may trade below its $50 forecast in the second half of 2016 because of a ceasefire between militants and the government in OPEC member Nigeria.
News
June 27, 2016
Nigeria is seeking $40 billion to $50 billion in investment in oil projects as the OPEC producer said it raised crude output to as much as 1.9 MMbpd as of two days ago.
News
June 14, 2016
Nigerian militants whose attacks on oil infrastructure have sent output plunging to its lowest level in 27 years said for the first time that they are considering peace talks, even as they threatened to rethink their policy of avoiding bloodshed.
News
May 23, 2016
Algeria has more drilling rigs than the rest of Africa combined, yet oil production still isn’t recovering after years of decline.
News
May 19, 2016
After years of relative peace, militants are again blowing up the pipelines that criss-cross the mangrove swamps of Nigeria’s Niger River delta, reducing oil output to the lowest in almost three decades and fueling a rally in global crude prices.
News
May 10, 2016
Oil producers are evacuating non-essential workers from the Niger Delta, because of the deteriorating security situation in Nigeria’s most-important oil-producing region, a union official said.
News
May 09, 2016
DALLAS -- Kosmos Energy’s Teranga-1 exploration well offshore Senegal has made a significant gas discovery, the company said Monday.
News
May 06, 2016
Nigeria is suffering a worsening bout of oil disruption that has pushed production to the lowest in 20 years, as attacks against facilities in the energy-rich, but impoverished nation increase in number and audacity.
News
May 04, 2016
ION Geophysical’s Ocean Bottom Seismic (OBS) company, OceanGeo, is mobilizing its vessels and crew to conduct an OBS survey offshore Nigeria.
News
April 28, 2016
Tullow Oil Plc said production at its flagship field offshore Ghana will resume in the next few days, while another project under development in the nation’s waters remains on track.
News
April 22, 2016
Bowleven, the Africa focused oil and gas exploration group traded on AIM announced that it has been awarded a one-year extension to the existing Bomono exploration licence, onshore Cameroon, pending the final award of an Exploitation Authorization (EA).
News
April 21, 2016
Veolia Water Oil and Gas Angola Lda has been contracted by TOTAL and Sonangol to supply Veolia’s range of Hydrex chemicals for its FPSO fleet operating off the coast of Angola.
News
April 21, 2016
Sound Energy, the European/Mediterranean-focused upstream oil and gas company, has confirmed the commencement of drilling of the first well at Tendrara, onshore Morocco.
News
April 21, 2016
Gabon is considering a return to OPEC and trying to rally fellow African nations for a more coordinated response to slumping oil prices, President Ali Bongo Ondimba said.
News
April 15, 2016
DeepOcean Ghana has been awarded a three-year contract with options for two additional years, to provide a light construction vessel to Tullow Ghana.
