Gold Fields’ South Deep Gold Mine, NUM And UASA Ink Wage Deal
(Gold Field, 11.Jun.2021) — Gold Fields' South Deep Gold Mine and the NUM and UASA trade unions have concluded a three-year wage agreement for the period 1 March 2021 to...
Roundtable: Celebrating African Innovation And Leadership
(US House of Representatives, 25.May.2021) — For Africa Day 2021, the House Foreign Affairs Committee will convene notable African leaders and entrepreneurs to discuss how we can better engage African...
Equinor And Sonatrach Ink MOU
(Equinor, 17.May.2021) — On 17 May 2021 Equinor and Sonatrach signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally. ...
Total Starts Production From Zinia Phase 2
(Total, 6.May.2021) — Total (Paris: FP) (LSE: TTA) (NYSE: TOT), operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of...
Hess Corp. Reports 1Q:21 Results
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433mn, or $8.00 per...
Total, CNOOC Reach Deals On Uganda, Tanzania Projects
(Reuters, 12.Apr.2021) — French major Total said on Monday and its partners have concluded final agreements to launch the Lake Albert resources development project in Uganda and Tanzania. Total and...
Ethiopia To Continue Filling Disputed Dam
(Bloomberg, 7.Apr.2021) — Ethiopia plans to proceed with the second phase of filling a giant dam on the main tributary of the Nile River, as it dismissed calls to bring...
Tullow Starts Drilling Campaign In Ghana
(Tullow, 6.Apr.2021) — Tullow Oil plc started a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field on 5 April...
Shell Updates On African Assets In Annual Report
(Shell, 1.Apr.2021) — Shell provided details in its 2020 annual report related to its operations in Africa from Egypt, Nigeria and Algeria, among other countries. What follows is a summary...
Tullow Divests Assets In Equatorial Guinea
(Tullow, 31.Mar.2021) — Tullow Oil plc announced the sale of its assets in Equatorial Guinea to Panoro Energy ASA has now completed. Earlier today, Tullow received a payment of $88.8mn...
WoodMac On Suez Canal Congestion
(WoodMac, 24.Mar.2021) — According to Wood Mackenzie’s VesselTracker – as of 24 March, one LNG vessel is "trapped” within the canal. The Golar Tundra loaded at Egypt’s Idku on 21...
Suez Canal Blockage Causes Vessel Build-up
(WoodMac, 24.Mar.2021) — The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages. Wood Mackenzie principal analyst Mark...
Guyana Basins Summit (GBS) Energy Highlights
(Energy Analytics Institute, 22.Mar.2021) — Commentaries, quotes, data and other highlights from the Guyana Basins Summit (GBS) held virtually from 17-19 March 2021 and from speakers from Guyana’s President Mohamed...
![Borr Drilling’s Fleet Status Report [PDF Download]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2021/02/Screenshot_2021-02-26-a7966265c6e9db45-pdf-768x541.png)
Borr Drilling’s Fleet Status Report [PDF Download]
(Energy Analytics Institute, 26.Feb.2021) — Borr Drilling Limited provided a fleet status report through 26 February 2021. The update can be found here. Borr-Drilling-Fleet-Report-26Feb2021Borr Drilling Fleet Status Report ____________________ By...
Gold Fields Welcomes NERSA Approval Of Solar Plant
(Gold Fields, 25.Feb.2021) — Gold Fields Limited welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar...
Positive Impact In West Africa Cocoa Communities
(CARE, 17.Feb.2021) — Today, CARE and Cargill released a report titled "A Decade of Impact in Cocoa Communities: More than Ten Years of the CARE-Cargill Partnership". The report details the...
NOCs Risk Wasting $400bn Amid Energy Transition
(Reuters, 9.Feb.2021) — National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails...
Tullow To Sale Assets In West Africa To Panoro
(Tullow, 9.Feb.2021) — Tullow Oil plc signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and...
Nigerian Court Issues Arrest Warrant ExxonMobil Head
(Reuters, 3.Feb.2021) — A federal court in Abuja has signed off on a warrant to arrest the head of oil major ExxonMobil in Nigeria to compel him to appear before...
OPEC Fund Marks 45 Years Of Driving Development
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
Italy Seeking Documents For Eni, Shell Nigeria Case
(Reuters, 20.Jan.2021) — Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition...
SPDC Closes Sale Of Interest In Oil Mining Lease 17
(Shell, 15.Jan.2021) — The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger...
SPDC Declares Force Majeure In Nigeria
(Energy Analytics Institute, 14.Jan.2021) — The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture and the Forcados Oil Terminal in Nigeria, declared a force...
Nigeria Solar Firm Gets $38mn To Expand
(Bloomberg, 12.Jan.2021) — Daystar Power, a Nigerian solar energy provider, has raised $38 million with the support of Investment Fund for Developing Countries and Morgan Stanley Investment Management to expand...
Reganosa To Operate LNG Terminal In Ghana
(Reganosa, 12.Jan.2021) — Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana. Currently under construction, the Tema LNG terminal...
OPEC Voluntary Production Levels (PDF DOWNLOAD)
(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. OPEC_Voluntary-Production-LevelsDownload __________ By Ian Silverman. © Energy Analytics Institute (EAI). All...
NNPC Seeks $1bn Oil Prepay For Port Harcourt Refinery
(Reuters, 7.Jan.2021) — Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port...
Egypt Signs 9 New Deals For Oil And Gas Exploration
(Arab News, 3.Jan.2021) — The Egyptian Ministry of Petroleum and Mineral Resources has signed nine new petroleum agreements to search for petroleum and natural gas in the Mediterranean and the...
Total Enters A New Operated Exploration Permit In Egypt
(Total, 3.Jan.2020) — An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration...
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to skip ahead and jump to...
Total Asks Mozambique Staff To Leave Over Attacks
(Bloomberg, 1.Jan.2021) — Total SE asked some staff to vacate its $20 billion Mozambique liquefied natural gas project as Islamist militants are staging attacks increasingly closer to the site. Fighters...
Algeria’s Absent President To Return To Country Soon
(Bloomberg, 13.Dec.2020) — Algerian President Abdelmadjid Tebboune made a surprise appearance Sunday, vowing to return soon to the North African nation after having undergone treatment for Covid-19 abroad. Tebboune, who’s...
UK Hosts African Ministers Energy Symposium
(UK's Department for International Trade or DIT, 9.Dec.2020) — The UK's Department for International Trade (DIT) on 3 December 2020, hosted the first ever UK-Africa Renewable Energy Ministerial Symposium to...
OPEC+ To Boost Output After Tense Negotiations
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
TechnipFMC Starts Work on New Complex In Egypt
(TechnipFMC, 30.Nov.2020) — TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company...
Nigeria In Recession, Impacted By COVID-19, Oil
(Reuters, 21.Nov.2020) — Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to data released on Saturday which showed the impact...
Tullow Finalizes $575mn Sale Of Uganda Assets To Total
(Tullow, 10.Nov.2020) — Tullow Oil plc announce the sale of its assets in Uganda to Total has completed with $500mn consideration received earlier today. Tullow is also due to receive...
Apache’s CEO Highlights Suriname On 3Q:20 Call
(Seeking Alpha, 5.Nov.2020) — Apache Corporation CEO John Christmann led the company’s third quarter of 2020 conference call to discuss results with analysts. What follows is the complete transcript of...
Apache Releases Sustainability Report
(Energy Analytics Institute, 5.Nov.2020) — Apache Corporation released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The...
Africa Oil Inks Deal For New Block In South Africa
(Africa Oil Corp., 4.Nov.2020) — Africa Oil Corp. (AOI) announced that Impact Oil & Gas Limited has entered into two agreements for exploration areas offshore South Africa. The company has...
Total Reports Second South African Gas Condensate Find
(Total, 28.Oct.2020) — Total made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South...
Africa Oil Reports Find In South Africa’s Block 11B/12B
(Africa Oil Corp., 28.Oct.2020) — Africa Oil Corp. announced a significant gas condensate discovery on the Luiperd prospect located on Block 11B/12B offshore South Africa. This discovery follows the adjacent...
Sterling And Wilson To Build Solar Storage Power Plant
(Sterling and Wilson Pvt, 22.Oct.2020) — Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, announced that its Hybrid & Energy Storage division (HES), in...
Uganda OKs Tullow’s $575mn Divestment To Total
(Tullow, 21.Oct.2020) — Tullow Oil plc announced the government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax...
Apache Reveals 3Q:20 Supplemental Information
(Apache, 14.Oct.2020) — Apache Corporation provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their third-quarter earnings models, the company...
Africa’s Gasoline Demand To Support Asia, Europe
(Platts, 24.Sep.2020) — Africa's gasoline demand is expected to support the gasoline markets of Asia and Europe as refinery outages in the African continent, together with a strong recovery in...
Kosmos To Farm Down Exploration Assets To Shell
(Kosmos, 9.Sep.2020) — Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a...
Air Products To Supply Four Cryogenic Heat Exchangers
(Air Products, 9.Sep.2020) — Air Products, the world's leader in liquefied natural gas (LNG) technology and equipment, will provide four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach's...
Libya Oil Units Halt Operations On Virus Spread
(Reuters, 7.Sep.2020) — Two affiliates of Libya’s National Oil Corp (NOC) have suspended some work because of the spread of the coronavirus, they said in statements posted online on Monday....
Angola Aims To Ramp Up Oil Production
(Oilprice.com, 30.Aug.2020) — Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to...
Cairn On Pre-emption Of Sale Of Senegal interests
(Carin, 17.Aug.2020) — Cairn Energy announced that further to its announcement on 27 July 2020 of the proposed sale of Cairn’s interests in the Sangomar field offshore Senegal to Lukoil,...
Equatorial Guinea’s Govt, And Prime Minister Resign
(Reuters, 15.Aug.2020) — The government and prime minister of Equatorial Guinea tendered their resignation on Friday to President Teodoro Obiang, who said they had not done enough to help the...
Nigeria Convicts First Pirates Under New Maritime Law
(Reuters, 12.Aug.2020) — A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks...
Agbami Key Sticking Point In OPEC+ Compliance
(Argus, 11.Aug.2020) — Nigeria's full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Since OPEC+ allowed ultra-light oil to be exempt from...
Libya’s NOC Head Warns Of Potential Disaster At Ports
(S&P Global Platts, 9.Aug.2020) — The head of Libya's state-run National Oil Corp warned Aug. 8 that the presence of stored flammable commodities at the country's key oil export terminals...
Kosmos Energy Announces 2Q 2020 Results
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199...
Guyana: Education Through African Culture, Heritage
(DPI, 31.Jul.2020) — A webinar focusing on African Cultural Teachings was hosted by the International Decade for People of African Descent Assembly – Guyana (IDPADA-G) last evening. Moderators, Shonetta Lowe...
Total Gabon Divests Mature Non-Operated Assets
(Total, 30.Jul.2020) — Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with...
Tullow Oil’s Trading Statement & Ops Update
(Tullow, 29.Jul.2020) — Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June...
Apache Reports 2Q:20 Financial Results
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020. Key Takeaways -- Announced major discovery at Kwaskwasi today, third consecutive discovery...
Total, BP And ENI Make New Gas Find Offshore Egypt
(Reuters, 28.Jul.2020) — French oil company Total said on Tuesday that, along with its partners BP and ENI, it had made a gas discovery at a well off the coast...
IMF Press Briefing On Nigeria, Argentina
(IMF, 23.Jul.2020) — Transcript of International Monetary Fund (IMF) press briefing on Nigeria, Argentina, and other countries. MR. RICE: Good morning everyone and welcome to this press briefing on behalf...
Angola Offers Tax Break To Help Domestic Oil Firms
(Argus, 23.Jul.2020) — The Angolan government has decided to cut the petroleum income tax rate from 50pc to 30pc for domestic companies that successfully bid in the country's upcoming onshore...
Algeria Expects Energy Revenue To Fall $10bn
(Reuters, 21.Jul.2020) — Algeria expects its oil and gas revenue to fall to $23 billion this year from $33 billion in 2019, energy minister Abdelmadjid Attar told state radio on...
Global Gas Flaring At Levels Not Seen Since 2009
(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to...
Sisi Wins Approval For Possible Libya Intervention
(Reuters, 20.Jul.2020) — Egypt’s parliament gave President Abdel-Fattah al-Sisi the green light for possible military intervention in Libya by approving the deployment of armed forces abroad to fight “terrorist groups”...
McDermott Awarded Next Phase Of Azikel Refinery
(McDermott, 14.Jul.2020) — McDermott International Ltd. announced it has been awarded a *large engineering and procurement contract from Azikel Petroleum Ltd. for the modular 12,000 BPD Hydro-Skimming Refinery project. The...
Early Oil Pilot Scheme (EOPS) Ends In Kenya
(Tullow Oil, 13.Jul.2020) — After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with its Joint Venture Partners Total...
Total Secures $15.8bn For Mozambique Gas Project
(Reuters, 8.Jul.2020) — French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand's...
Africa’s Richest Woman to Cooperate In Corruption Probe
(Bloomberg, 7.Jul.2020) — Isabel dos Santos, who is accused of causing billions of dollars in losses to the Angolan government during her father’s 38-year rule, said she is available to...
Eni Reports New Gas Discovery Offshore Egypt
(Eni, 1.Jul.2020) — Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called...
Sasol Sells Escravos GTL Plant In Nigeria To Chevron
(Sasol, 1.Jul.2020) — Sasol and Chevron have signed an agreement that will result in Sasol selling its indirect beneficial interest in the Escravos GTL (EGTL) plant in Nigeria to Chevron....
Supermajors Are Flocking To This Booming Oil Frontier
(Oilprice.com, 30.Jun.2020) — Exxon is moving to rapidly expand its exploration footprint in this little-known venue, French Total SA is spudding its first well here, small-cap Eco Atlantic - of...
Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks
(Reuters, 27.Jun.2020) — Leaders of Sudan, Ethiopia and Egypt said they were hopeful that the African Union (AU) could help them broker a deal to end a decade-long dispute over...
Total And Sonatrach Extend Their LNG Partnership
(Total, 25.Jun.2020) — Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing...