National Oil Corp. in western Libya warned traders against loading “illicit” cargoes of oil at Hariga port in the eastern part of the country amid claims by a competing organization that it’s arranging such sales.
The state oil company in Nigeria, Africa’s biggest producer of crude, made a 267 billion naira ($1.34 billion) loss last year, dragged down by its refining division.
Mozambique and Anadarko Petroleum Corp. are racing to tap gas from one of the biggest discoveries in decades as a global glut looms.
Oceaneering International said Tuesday that a unit of BP has exercised its right, under the field support vessel services contract that was entered into with the company for work offshore Angola, to terminate its use of the chartered vessel Bourbon Oceanteam 101 at the end of May.
Tanzania said on Friday it had finalized a land acquisition for the site of a planned LNG plant, and was now working to compensate and resettle villagers to move forward on a long-delayed project.
Kosmos Energy’s Guembeul-1 exploration well, in the northern part of the St. Louis Offshore Profond license area in Senegal, has made a significant gas discovery.
HAMILTON, Bermuda -- AziNam, the offshore Namibia focused exploration company, has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia.
Libya’s rival political factions must quickly form a unity government to stop the country with Africa’s largest oil reserves from collapsing into a “failed state,” National Oil Corp. Chairman Mustafa Sanalla said.
CGG is to commence a multi-client airborne gravity and magnetic survey offshore South Africa. The Petroleum Agency of South Africa (PASA) has authorized the program, which will extend across two blocks totaling approximately 78,000 line kilometers.
Chariot Oil & Gas Ltd., in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), has started a 3D seismic survey, of approximately 2,600 km2, in Blocks 2312 and 2412A offshore Namibia.
Eni has started production from Mpungi field, in the West Hub Development Project, within Block 15/06 of the Angolan Deep Offshore, approximately 350 km northwest of Luanda, Angola, and 130 km west of Soyo.
With recoverable oil reserve estimates of approximately 750 MMbbl and 600 MMbbl in Uganda and Kenya, respectively, and with government share of the reserves expected to be about 30–50%, the potential impact on economic development in these countries could be great.
Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal with positive results, the company said Monday.
Subsea 7 has announced the award of a sizeable contract by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of Taurus and Libra fields by BP, offshore Egypt.
Sound Energy has entered into a Field Management Agreement with an affiliate of Schlumberger Oilfield Holdings Limited (FMA) in relation the Tendrara license, onshore Morocco.
An explosion at a gas plant in the southeastern Nigerian state of Anambra killed at least eight people on Thursday and left several injured, according to the state governor’s spokesman.
Total has brought on stream the Moho Phase 1b project, located 75 km off the coast of Pointe-Noire in the Republic of the Congo.
The Canary Islands is working to further position itself as the most competitive alternative to operate in West Africa, especially in a context of crisis due to low oil prices.
BP Egypt has completed the acquisition of an additional 22.75% interest in the North Alexandria Concession and 2.75% in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG.
Statoil ASA is seeking clarification on Tanzania’s new petroleum law and wants to learn how it will affect companies like itself already operating in the nation, local commercial manager Oivind Holm Karlsen said.