West Africa ///

BHGE launches multimodal facility expansion in Angola

Baker Hughes, a GE company (BHGE), has announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola.

BP, partners confirm investment in deepwater Angola

BP and partners today confirmed they have agreed further investment into deepwater Block 15, offshore Angola as part of an agreement with Angola's National Agency for Petroleum, Gas and Biofuels (NAPGB).

Lukoil enters hydrocarbon production project in the Congo

PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.

Nigeria’s oil thieves roar back as militants kept in check

Just as Nigeria gets to grips with militants who brought the nation’s oil industry to its knees a few years ago, another group of longstanding foes are slowly making a comeback: thieves.

ExxonMobil, partners to redevelop Angola Block 15 to increase production

ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.

Eni awarded two exploration blocks offshore Ivory Coast

Eni has signed the contracts for two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The blocks were part of the 20 blocks available at the end of 2018.

Eni reports its fifth light oil discovery offshore Angola

Eni has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore.

Total SA quits DRC crude search, partner says

Oil giant Total SA, the only oil major exploring for crude in the Democratic Republic of Congo, indicated it’s pulling out of a block in the central African nation, one of its partners said.

Sierra Leone announces re-opening of 4th licensing round

The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, are delighted to announce the re-opening of the 4th Licensing Round as of May 21, 2019.

NCS West Africa Limited announces Nigeria launch

The new business entity NCS West Africa Limited (NCS WA) is the Nigeria affiliate of Nautical Control Solutions, LP, (Fueltrax), and is located in Victoria Island, Lagos and Onne, Port Harcourt.

African Energy Chamber says U.S. firms will not be left behind as investments pick up in Angola

Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector.

Nigeria's economic growth slows after oil sector loss

Nigeria’s economic growth slowed in the first quarter after the oil sector, the country’s biggest foreign-exchange earner, contracted.

Rovuma LNG development plan approved by Mozambique government

Mozambique Rovuma Venture has said that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs of the Mamba complex located in the Area 4 block in the Rovuma basin, two of which straddle the boundary with neighboring Area 1.

Eni announces a new light oil discovery in Block 15/06, offshore Angola

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.

Oil remains a key driver of Angola’s economy, capital spending

In an exclusive video statement provided to Africa Oil & Power, Angola President H.E. João Manuel Gonçalves Lourenço reaffirmed the role of oil and gas as a key driver in attracting domestic and foreign private investment into Angola.

KBR wins additional work on phase 1 of BP’s Greater Tortue Ahmeyim project

KBR, Inc. has announced that BP has awarded KBR’s UK operating subsidiary the engineering, procurement and construction management (EPCM) contract to provide facilities integration and terminal quarters and utilities (QU) management for the hub/terminal of BP’s Greater Tortue Ahmeyim Project, located at the maritime border of Senegal and Mauritania.

Eni announces Akoma discovery in CTP-Block 4, offshore Ghana

Eni announces a gas and condensate discovery in CTP-Block 4, offshore Ghana.

Sonangol boss fired by Angola's president as fuel runs dry

Angolan President Joao Lourenco fired Sonangol EP Chairman Carlos Saturnino as he revamps the company amid persistent fuel shortages in the southern African nation.

Nigerian court dismisses claim Eni, Petrobras illegally sold oil

A Nigerian high court dismissed the government’s claims that local units of Eni SpA and Petroleo Brasileiro SA illegally exported crude oil to the U.S.

Shell, Eni execs face corruption allegations over Nigerian oil deal

Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1 billion in bribery payments.