West Africa
News
April 07, 2019
Nigeria will get a large oil and gas investment from Shell Petroleum Development Company in the amount of about $15 billion, according to the Lagos-based newspaper ThisDay, citing managing director of the unit, Nosa Okunbor.
News
March 27, 2019
Nigeria’s oil-rich Bayelsa state started an inquiry into the human and environmental impact of spills caused by multinational businesses operating in the region, opening a potential new conflict with companies that pump the bulk of the nation’s crude.
News
March 25, 2019
Ivory Coast plans to conclude the licensing of six oil blocks by June as the country seeks to increase crude output amid rising interest from supermajors to explore in West Africa.
News
March 13, 2019
Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.
News
March 13, 2019
Exceed, a well management and performance improvement specialist, continues to consolidate its West African presence, by announcing the company’s first contract to be undertaken offshore Guinea Bissau.
News
March 11, 2019
McDermott International, Inc., and Baker Hughes, a GE company have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.
News
March 04, 2019
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announces that it encountered oil in the Pecan South-1A well, offshore Ghana.
News
March 03, 2019
Royal Dutch Shell Plc is facing prosecution in the Netherlands over a license in Nigeria, intensifying its legal troubles from a transaction that has dogged the company for years.
News
March 03, 2019
We have been informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over Oil Prospecting License 245 (OPL 245) in Nigeria.
News
February 28, 2019
Nigeria implemented its portion of the OPEC+ production deal in February, said the country’s oil minister, a move that enhances the impact of supply cuts that have already boosted crude prices.
News
February 25, 2019
Woodside, as operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, has awarded MODEC International Inc. the front-end engineering design (FEED) contract for the SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility.
News
February 13, 2019
Nigeria is about to ship the first cargo of crude oil from a new deposit about 90 mi off its coast.
News
January 24, 2019
Total’s Egina field, located 93 mi (150 km) off Port Harcourt, kicked into production just as 2018 was winding to a close.
News
January 20, 2019
Nigeria’s state-owned oil company said it’s in talks with financiers to raise as much as $4.1 billion and will seek to sign service deals to increase production from three leases.
News
January 16, 2019
Airborne Oil & Gas B.V. has been awarded a contract from TOTAL to supply a TCP (Thermoplastic Composite Pipe) Jumper for a deepwater project in West Africa.
News
January 16, 2019
Tullow Oil plc issues this statement to summarize recent operational activities and to provide trading guidance in respect of the financial year to Dec. 31, 2018.
News
January 08, 2019
China’s crude oil purchases from the Middle East and West Africa dropped to a four-month low in December, following a buying binge the previous month that saw the Asian country’s stockpiles swell.
News
January 02, 2019
Total has started up production on Dec. 29, 2018 from Egina field, located in around 1,600 m of water depths, 150 km off the coast of Nigeria.
News
December 21, 2018
BP and partners today announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed.
News
December 20, 2018
Total SA is poised to start exports of crude from a major new offshore field in Nigeria, adding to global supplies at a time when oil prices are plunging.
News
December 13, 2018
The government of Nigeria is suing Royal Dutch Shell, Eni and other companies for more than $1 billion over a 2011 oil deal it says was tainted by corruption.