West Africa
News
August 31, 2016
Royal Dutch Shell’s Forcados pipeline in Nigeria will resume deliveries in September, according to an oil company that uses the line.
News
August 30, 2016
CGG has signed an agreement with GNPC Operating Services Company (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana.
News
August 18, 2016
Offshore oil explorer Cobalt International Energy Inc. jumped the most in four years after an analyst upgraded the stock and said it could be a takeover target for bigger drillers.
News
August 18, 2016
Crude oil production disruptions in Nigeria reached 750,000 bpd in May 2016, the highest level since at least January 2009.
News
August 18, 2016
Nigeria’s Niger Delta Avengers militants, who have claimed repeated attacks on oil and gas pipelines sending the country’s crude output plunging, said Wednesday they were not ready to negotiate with the government.
News
August 18, 2016
Tullow Oil has announced first oil from the Tweneboa, Enyenra and Ntomme (TEN) fields offshore Ghana, to the FPSO Prof. John Evans Atta Mills.
News
August 16, 2016
Oil traded near $46/bbl after the biggest three-day gain since April as Nigeria’s oil minister signaled the prospect of production cuts from OPEC was unlikely.
News
August 10, 2016
Royal Dutch Shell said its local unit has declared force majeure on supplies to a liquefied natural gas plant in Nigeria because of a leak, potentially exacerbating a decline in exports for the OPEC member that’s suffering from militant attacks on energy infrastructure.
News
August 08, 2016
Sound Energy has confirmed a significant gas discovery and a potential single gas column at the company's Tendrara license, onshore Morocco.
News
August 03, 2016
Fugro has completed a 33-month period of metocean data acquisition for Hess Ghana Exploration Limited.
News
July 27, 2016
LONDON (Bloomberg) -- Tullow Oil said a new project off Ghana will produce its first crude early next month as the African-focused explorer reported its first profit in three years.
News
July 25, 2016
The Movement for the Emancipation of the Niger Delta started talks with Nigeria’s government, even as another militant group claimed to have blown up a pipeline in the oil-rich region.
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.
