Crude oil production disruptions in Nigeria reached 750,000 bpd in May 2016, the highest level since at least January 2009.
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.
Sparrows Group and SPIE Oil & Gas Services have strengthened their existing service portfolios by signing a global agreement to work in collaboration to support the energy sector.
Tullow Oil has announced first oil from the Tweneboa, Enyenra and Ntomme (TEN) fields offshore Ghana, to the FPSO Prof. John Evans Atta Mills.
Despite low commodity prices and regional turmoil, West Africa continues to blossom as one of the world’s most prolific oil and gas markets
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.
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.
Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.
Fugro has completed a 33-month period of metocean data acquisition for Hess Ghana Exploration Limited.
OPEC’s crude oil output was disrupted in July by militant attacks in Nigeria and political disputes in Libya, according to a Bloomberg News survey.
ABUJA, Nigeria (Bloomberg) -- Nigeria resumed payments to former militants in the oil-rich Niger River delta and the military targeted gangs involved in sabotage of pipelines, as the government responded to sustained attacks on infrastructure that dragged crude production back to an almost 30-year low.
Libya’s Petroleum Facilities Guard (PFG) signed an agreement on Thursday to reopen the ports of Ras Lanuf, Zuwetina, Es Sidra and Brega.
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.
Intertek has achieved its first industry accreditation in South Africa for flow metering verification. This will enable the company to provide assurance to SANAS industry standards that its clients’ flow metering equipment is operating as accurately as possible.
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.
Two of Libya’s biggest oil ports may not re-open soon as the hardening positions of rival factions pose a fresh challenge to international efforts to reunite the country and restore its crude exports.
Oil rose as Exxon Mobil Corp. declared force majeure on shipments of Nigeria’s biggest crude export grade.
Marathon Oil has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
ConocoPhillips has entered into an agreement to sell its 35% interest in three exploration blocks offshore Senegal, which include the SNE and FAN discoveries.
Libya’s state crude producer is seeking to reopen oil ports and restore crude output as the fractured OPEC nation struggles to reunite after five years of civil strife, according to its chairman.