Africa ///

OPEC insiders reel as key minister is fired during meeting

As OPEC ministers gathered in Vienna yesterday to agree a nine-month extension of their oil-supply pact, the man credited with bringing about the landmark deal learned from a news broadcast that he had been fired.

Nigerian Senate passes delayed oil industry governance bill

Nigerian senators passed a bill to reform the country’s oil and gas industry almost a decade after it was first proposed to lawmakers, Senate President Bukola Saraki said.

Equatorial Guinea to join OPEC, pledges to advance interests of African producers

Equatorial Guinea will join OPEC, it was announced at an historic meeting of global oil producers in Vienna today. The Central African oil and gas producer will be Sub-Saharan Africa’s fourth OPEC member, bringing a wealth of experience and African diplomatic reach to the global oil exporters’ club.

Serinus Energy halts production in Tunisia, as protestors block roadways

Serinus Energy Inc. has announced that it has temporarily shut-in production at Sabria field in Tunisia, due to continued social unrest in the southern part of the country.

Equatorial Guinea partners with Arabian Energy to build Bioko Oil Terminal

Following the signing of an agreement between the Government of Equatorial Guinea and Arabian Energy to work together on the Bioko Oil Terminal, the realization of the petroleum tank farm gained important momentum.

Eni starts production from Cape Three Points block, offshore Ghana

Eni has launched production from the Integrated Oil & Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in just two and a half years, and three months ahead of schedule, reaching another record time-to-market.

Sound Energy to re-enter Kechoula discovery, onshore Morocco

Sound Energy, the African and European focused upstream gas company, is pleased to announce that the SAIPEM rig has now arrived at the Company's Sidi Moktar asset, onshore Morocco, ahead of the re-entry and testing of the Lower and Middle Jurassic in two existing wells on the Kechoula discovery.

Nigeria oil union says dispute with Exxon threatens output

Nigeria’s manager-level oil union will continue a strike indefinitely at Exxon Mobil Corp.’s local unit, threatening output after talks with the company to end the action reached an impasse, a labor official said.

Cairn Energy announces positive results of appraisal well offshore Senegal

Cairn has announced the results of another successful appraisal well offshore Senegal. Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following drilling, logging and drill stem testing (DST).

Africa Oil reports oil discovery at Emekuya-1 in northern Kenya

Africa Oil Corp. has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones.

Total expands exploration activity in Mauritania with new offshore license

Total and Mauritania have signed an exploration and production contract to perform exploration works on Block C7, which covers an area of 7,300 km2.

Total signs agreements to explore Senegal's deepwater potential

Total and the Republic of Senegal have signed two agreements enabling Total to contribute to the exploration activities in Senegal’s deep and ultra-deep offshore.

Minister sees `glaring' problems in South African oil stock sale

South Africa has found “glaring governance problems” related to a 2015 sale of the country’s crude oil reserves, Energy Minister Mmamoloko Kubayi told lawmakers.

Sifca to boost West Africa's palm-oil output as demand grows

Ivory Coast’s biggest oil-palm grower plans to meet rising demand for the product in Africa by increasing the capacity of its refineries and pushing output to at least 1 million tons a year by 2022.

Schlumberger and Sound Energy expand cooperation in Morocco

Sound Energy, the African and European-focused upstream gas company, has announced the signature of binding heads of terms with Schlumberger, which will expand Sound Energy's relationship with Schlumberger into Meridja and the Tendrara relinquished area(s).

South Sudan blocks open for direct negotiation, following collapse of talks with E&P companies

Representing the Government of South Sudan, the Ministry of Petroleum has announced that it is welcoming the interest of investors for direct negotiations on oil and gas in Blocks B1 and B2. The announcement comes after negotiations broke down with the French oil and gas company Total E&P, due to irreconcilable differences.

Sound Energy announces mobilization of rig to Sidi Moktar, Morocco

Sound Energy, the African and European focused upstream gas company, is pleased to announce the mobilization of a rig to the Company's Sidi Moktar asset, onshore Morocco.

SDX Energy strikes pay at South Disouq concession in Egypt

SDX Energy Inc., the North Africa focused oil and gas company, announced that drilling on the carried SD-1X well at its South Disouq concession, where it hold s a 55% equity interest and is operator in the Nile Delta area of Egypt has reached its first target depth.

BP starts up Trinidad onshore compression project

BP Trinidad and Tobago LLC (bpTT) has announced the start-up of the Trinidad onshore compression (TROC) project, one of seven major upstream projects BP expects to bring online in 2017.

Harvest Natural Resources sells Gabon interests, Delta Petroleum note paid

HNR Energia B.V., a wholly-owned subsidiary of Harvest Natural Resources, Inc. closed the sale of all of its Gabon interests in accordance with a previously announced sale and purchase agreement dated Dec. 21, 2016 among Harvest, HNR Energia B.V. and BW Energy Gabon Pte. Ltd, a private Singapore company.