Africa ///

Sparrows Group awarded three-year crane and deck services contract by BP in Angola

BP has awarded Sparrows Group a three-year contract to manage crane operations and maintenance, and deck services off the coast of Angola.

Major milestone achieved for BP-operated Tortue/Ahmeyim gas project

BP today confirmed that a key agreement between the governments of Mauritania and Senegal, which will enable the development of the BP-operated Tortue/Ahmeyim gas project to continue to move towards a final investment decision, has been signed by the two governments.

Sound Energy announces eight-year Sidi Moktar petroleum agreement

Sound Energy, the Morocco focused upstream gas company, has announced the award of an eight-year petroleum agreement relating to the area currently covered by the Sidi Moktar onshore exploration permits in the Essaouira basin, central Morocco (Sidi Moktar).

Enpro Subsea wins frame agreement, supporting Tullow Oil in West Africa

Production optimization specialist company Enpro Subsea has been awarded a frame agreement contract to support leading multinational exploration and production (E&P) company Tullow Oil as part of the operator’s strategic activities in Ghana.

ICON delivers its first field development work in West Africa

Australian offshore engineer, ICON Engineering, has delivered its first field development work in West Africa, supporting the planning for a wellhead platform and processing facilities.

Sound Energy provides operational update on Morocco work program

Sound Energy, the Moroccan upstream gas company, is pleased to provide details of its 2018 work program and an update on the Company's acquisition of geophysical and geological data in Eastern Morocco.

Mozambique approves Anadarko's $20-billion natural gas plan

Mozambique’s council of ministers approved the development plan for Anadarko Petroleum Corp.’s liquefied natural-gas project in the north of the nation, an investment estimated at about $20 billion.

New bill halves share of oil income for Kenya communities

Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region.

Africa Oil Corp. provides update on operations in Kenya's South Lokichar basin

Africa Oil Corp. (AOC) is pleased to provide the following update on activities in the South Lokichar basin (Blocks 10BB and 13T in Kenya).

Qatar Petroleum signs agreement for exploration in South Africa

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B/12B, offshore South Africa.

Bowleven contracts jackup rig for Etinde appraisal in Cameroon

Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce a key milestone in the appraisal drilling campaign of its Etinde asset, in which the Company holds a 25% offshore interest.

Ethiopian oil refinery planned as Blackstone pipeline shelved

Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved.

Nigeria can't rely on rising oil prices, finance minister says

Africa’s top oil producer is learning to ignore crude prices, Nigeria’s Finance Minister Kemi Adeosun said.

Enpro Subsea receives PE funding for development of production, intervention technologies

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies.

SDX Energy strikes more gas in Morocco's Hoot formation

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its ONZ-7 development well on the Sebou permit in Morocco.

ExxonMobil acquires exploration, production rights for Ghana's Cape Three Points

ExxonMobil today announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.

Nigeria moves closer to energy overhaul with new oil bill

Nigeria’s House of Representatives passed a bill governing the country’s energy sector after the Senate did so in May, taking Africa’s top oil producer one step closer to a much-awaited overhaul of the key industry.

CGG, SNH promote Cameroon's 2018 Licensing Round

CGG has announced that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round opened and conducted by SNH for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon.

Nigeria's Shoreline in $530-million deal to boost oil output

Shoreline Group, a Nigerian oil producer, plans to almost double its crude output after agreeing a $530-million finance deal with Vitol Group and local lenders.

Mozambique's gas-rich north faces specter of further attacks

Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people were killed in raids in the past week.