(Maersk Drilling, 15.Oct.2021) — TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The […]
Category: Africa
Africa energy
Occidental Divests Ghana Assets for $750mn
(Occidental, 13.Oct.2021) — Occidental (NYSE:OXY) agreed to sell its interests in two Ghana offshore fields for $750mn to Kosmos Energy ($550mn) and Ghana National Petroleum Corporation (GNPC) ($200mn), prior to […]
Eco Atlantic Provides Operational Update
(Eco Atlantic, 31.Aug.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) announced its results for the three months ended 30 June 2021, alongside a corporate and operational […]
LatAm Briefs: Guyana’s Oil Output
(Energy Analytics Institute, 23.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina awaiting arrival of two LNG tankers, Guyana’s oil output, and Trinidad and Tobago’s strategic […]
Emerging Oil Nations Reject Climate Curbs On Exploration
(Reuters, 19.Aug.2021) — The world’s newest oil-producing nations grabbed the spotlight at this week’s Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against […]
APA Reports 2Q:21 Net Income of $388mn
(APA, 5.May.2021) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first-quarter 2021. APA reported net income attributable to common stock of $388mn, or $1.02 per […]
Gold Fields’ 1H:21 Trading Statement
(Gold Fields, 30.Jul.2021) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2021 (H1 2021) are expected to be […]
Sonangol, Petrobras Reveal Teaser For Potiguar Basin Stakes
(Petrobras, 9.Jul.2021) — Petrobras started the opportunity disclosure stage (teaser) for the sale, together with Sonangol Hidrocarbonetos Brasil Ltda., of the total stakes of both companies in the onshore exploratory […]
Eni Looks To Produce Hydrogen In Egypt
(Eni, 8.Jul.2021) — Eni signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of […]
Eco Atlantic Reveals Investment In Guyana
(Eco Atlantic, 28.Jun.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) closed a transaction with JHI Associates Inc., a private company incorporated in Ontario and headquartered in […]
Brazil A Complex Place To Do Business
(TMF Group, 28.Jun.2021) — The comprehensive report by TMF Group, a leading professional services firm, analyses rules, regulations, tax rates, penalties and compliance issues across 77 jurisdictions, accounting for 92% […]
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 […]
Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video
HOUSTON, TEXAS (Energy Analytics Institute, 31.Dec.2021) — Energy Analytics Institute (EAI), which provides breakings news coverage of energy markets primarily in Latin America and the Caribbean, revealed its latest promo […]
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 […]
Qatar Petroleum Enters Two Namibian Offshore Exploration Blocks
(Qatar Petroleum, 6.Apr.2021) – Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia. Under the terms of the […]
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://energy-analytics-institute.org/wp-content/uploads/2021/02/Screenshot_2021-02-26-a7966265c6e9db45-pdf.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. ____________________ By Jared Yamin. © Energy Analytics […]
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. __________ By Ian Silverman. © Energy Analytics Institute (EAI). All Rights […]
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 […]