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In The News
Italians Face opposition Italian major, ENI, has encountered its first major opposition in its current acquisition binge... Date added: Monday February 01 2010 South Africans May Produce Oil PetroSA, the South African state hydrocarbon company, expects first oil from its joint venture ma... Date added: Monday February 01 2010 The Karoo Experience Among the rock exposures most frequently visited by geologists looking to understand how deepwate... Date added: Monday February 01 2010 Ebok Field Grows Beyond Marginal Field Status Awarded as a marginal field to the Nigerian independent Oriental Petroleum in 2007, Ebok came wit... Date added: Monday February 01 2010 Brand New Rigs For Angolan Deepwater Angola will host two of the 60 brand new rigs expected to be deployed worldwide in 2010. Saipem 1... Date added: Monday February 01 2010 Oando Makes $$Millions In Rest Of Africa 18% of sales outside Nigeria boosts the company’s Pan African credentialsOando, the energy company listed on the Nigerian and Johann... Date added: Monday December 21 2009 Nampower Builds A 22MW Plant At Walvis Bay Napower, the Namibian state power utility, has awarded Barloworld Namibia a $31million engineering, procurement, construction and turnkey (EPCT) contr... Date added: Monday December 21 2009 Doha Debate Deplores Release Of Convicted Lockerbie Bomber An audience of 100 people, most of them Arabs, cast a vote deploring the release of Abdelbasset Al-Megrahi, the Libyan agent convicted of bombing an a... Date added: Monday December 21 2009 Dark Zim Lit Up By Neighbours Namibia will help Zimbabwe ramp up power production from the current 450 MW to at least 750 MW at the Hwange thermal power station. Botswana is ... Date added: Monday December 21 2009 Nestoil Boosts Goland’s Oriri Project Goland has secured a jack up rig to drill the operated Oriri field in the shallow offshore Oil Mining Lease (OML) 88 in the south of Nigeria’s N... Date added: Monday December 21 2009 Agbami Hit 250,000 B/D Peak in August 2009 The Chevron operated Agbami field offshore Nigeria reached peak production of 250,000 barrels per day in August 2009, or four months ahead of schedule... Date added: Monday December 21 2009 Agip Missed The Target In Oberan 2 Agip missed the expected reservoir in Oberan -2, inspite of the large expectations created by the discovery well. Oberan -2 is located in the Agip ope... Date added: Monday December 21 2009 First Oil from Uge Not Anytime Soon Partner issues have forced the postponement of first oil from ExxonMobil operated deepwater Uge field from 2013. “We cannot say for certai... Date added: Monday December 21 2009 Transmed Gas May Get to Germany Is the continent’s opportunity to sell gas to Eastern Europe threatened by Russia’s imminent partnership of the Trans Sahara project? .... Date added: Tuesday October 20 2009 China Falls Short In Libya and Angola China has failed, twice in the last two months, to get what it wanted in Africa. In Libya its state hydrocarbon behemoth CNPC grudgingly agreed to let... Date added: Tuesday October 20 2009 Tripoli’s Triumph, BP’s Bail Out What exactly does BP stand to gain from the release of Abdelbasset Al-Megrahi, the Lockerbie bomber?The more the UK oil major, British Petro... Date added: Tuesday October 20 2009 Agip Won’t Give Up Marginal Fields The Nigerian subsidiary of Agip, the Italian major, is not interested in participating in the country’s marginal field exercise. A series of mee... Date added: Tuesday October 20 2009 S. A. Coys Eye Angolan Energy Scene Jacob Zuma, the South African President, described it as “the biggest business delegation to take part in a state visit since the end of aparthe... Date added: Tuesday October 20 2009 Oando To Develop Ghana’s Gas Oando has been selected as a Strategic Partner to the Ghana National Petroleum Corporation (GNPC) to develop assets and infrastructure to harness the ... Date added: Tuesday October 20 2009 EU Funds Egypt’s ‘Green’ Power With the European Investment Bank grant of $73Million loan for Egypt’s Red Sea wind farm project, Africa’s second largest electricity prod... Date added: Tuesday October 20 2009 Nigeria Makes $5Billion From LNG The Nigerian government earned Four billion, seven hundred and twenty eight million and one hundred and thirty six thousand dollars from the sale of L... Date added: Tuesday October 20 2009 Zambian Power Plant Costs Double The cost of upgrading Zambia’s electricity infrastructure may cost as much as 80% more than budgeted for, according to the head of the country&r... Date added: Tuesday October 20 2009 Why Ghana Won’t Export Its Gas Ghana shunned the request of the World Bank to export the wet portion of its natural gas deposits in the Jubilee oil field in... Date added: Tuesday August 11 2009 Trans- Sahara Gas Has Nabucco In Sight Is the continent’s opportunity to sell gas to Eastern Europe threatened by Russia’s imminent partnership of the T... Date added: Tuesday August 11 2009 Khartoum Makes More Money From Crude Sudanese crude oil exports in June 2009 amounted to $20million higher than the previous month, reflecting improved prices for the crude in world mar... Date added: Tuesday August 11 2009 Angola’s Reserves Jump Above 10Billion Barrels Libya creeps upwards, but remains firmly on top of Africa’s game Angola’s not yet in the elite gas club..Angola’s proven c... Date added: Thursday July 30 2009 Uganda Is ‘Convinced’ Of Viability of Large, Local Refinery But who will build it? Operator, or the Government?President Yoweri Museveni of Uganda has moved away from considering large scale local ref... Date added: Thursday July 30 2009 Jubilee Gets the Official Nod for 2010 The Minister of Energy in Ghana has formally approved the Jubilee field Phase 1 Development Plan and Unitisation Agreement on behalf of the Government... Date added: Thursday July 30 2009 iBhubesi Gets Closer To First Gas More gas in country gives S.A’s power producers a cleaner alternative to coal...IBHUBESI Gas, the firm owned by Forest Oil, Anschutz C... Date added: Thursday July 30 2009 Ghana Looks Towards A $6Billion Refinery New Alpha Refinery, a Ghanaian subsidiary of a South African firm, has signed a memorandum of understanding with Ghana’s government to construct... Date added: Thursday July 30 2009 Angola “Lives” On Imported Fuel Africa’s second largest producer of crude oil is concerned about its reliance on imported petroleum products, brought on by inadequate refining ... Date added: Tuesday July 07 2009 The Chinese Get Closer To The Prize Sinopec, KNOC, battled to swallow the most aggressive indie in West AfricaSinopec, the Chinese state behemoth, has beaten the Korea National... Date added: Tuesday July 07 2009 Oando Installs LPG Dispensing Pumps In Nigeria’s Service Stations Oando, the Nigerian energy company listed on the Johannesburg and Nigerian stock exchanges, has signed an operating agreement with Banner Gas fo... Date added: Tuesday July 07 2009 Saipem To Build Algerian Gas Pipeline System Italian contractor Saipem has won the contract to construct an extensive onshore gas pipeline in Algeria. The bill for the job comes close to $600MM. ... Date added: Tuesday July 07 2009 Cairo Commits $160Million To Nuclear Power Plant Egypt is paying $160Million to an Australian firm for studies into the country’s first nuclear power plant. Hassan Younis, the Egyptian Electric... Date added: Tuesday July 07 2009 It’s Sunnier For StatoilHydro In Angola With incredible success as a passive partner, the Norwegian major now wants to be an operator in Gulf of Guinea’s biggest deepwater success..... Date added: Thursday June 11 2009 Egypt Gets Better For Apache To go by its production and commercial results of the last two years, Egypt is the present and immediate future of Apache CorporationThe America... Date added: Thursday June 11 2009 Angola Opens Up Electricity Industry Angola and Mozambique are constructing policy frameworks that would de-monopolise the power utilities, allow foreign and domestic investors equal acce... Date added: Thursday June 11 2009 Ecke Is RWE Dea’s New Man In Cairo Hans-Hermann Ecke will be in charge of the overall Egyptian operations of the German operator, RWE Dea, from June 2009. The man with a PhD in geology ... Date added: Thursday June 11 2009 Dale Rollins Takes Hold of Sahara Dale Rollins, former Deputy Managing Director of Shell Nigeria, is taking over the helm of affairs at Sahara Petroleum, the Nigerian independent.... Date added: Thursday June 11 2009 Sonatrach In A Hefty Loss The world’s 12th largest hydrocarbon company heads towards a signifi... Date added: Thursday May 28 2009 Eskom To Keep Increasing The Bill Eskom, the continent’s largest, state owned power utility says it needs a significant rise in tariffs to build new plan... Date added: Thursday May 28 2009 Afren Boosts War Chest Afren, the UK listed minnow , has raised $126-million, before commissions and expenses, in a share placing that will help fin... Date added: Thursday May 28 2009 Britannia Expects First Oil From Ajapa In June Brittania-U, the Nigerian independent, has indicated the probability of delivering first oil from Ajapa field, in Chevr... Date added: Thursday May 28 2009 'Egyptian Made Rig’ Is Doing Well-Minister Egypt’s newly established plant for manufacturing drilling rigs has had its product tested on the field. The result is good, to go by the sent... Date added: Thursday May 28 2009 Sasol, ExxonMobil, others fined $600m for price fixing The EU’s competition regulator has slapped a fine of $910 million on a price-fixing cartel christened the “paraffin mafia.” T... Date added: Thursday April 23 2009 With seven wells delivering 25,000bopd, Afren is looking up For upwards of three years, Afren was derided as the pampered, African owned E&P independent with access to cash but no oil in the tank. ... Date added: Thursday April 23 2009 Saipem gets fresh work in Egypt and West Africa Italian engineering service firm Saipem, has been awarded three new offshore drilling contracts totaling around $830 million. The contracts are fo... Date added: Thursday April 23 2009 Lights-out in Dar-es Salaam The ongoing power outage in the Tanzanian capital of Dar es Salaam is in part a result of routine scheduled maintenance, and in part a fall out of... Date added: Thursday April 23 2009 World Bank to finance Zambia power projects The World Bank, Sweden and Japan will jointly finance Zambia’s $100-million power upgrades and expansion projects. The bank&rs... Date added: Thursday April 23 2009 Punj Lloyd wins in Libya Punj Lloyd Ltd. has received a Letter of Intent for a contract worth $42 million in Libya for deploying two onshore rigs. The contract requires drilli... Date added: Thursday April 23 2009 RWE Dea contracts Atwood for Egypt The Atwood Aurora, a LeTourneau Super 116E Jackup rig currently being constructed in Brownsville, Texas by the company’s wholly-owned subsid... Date added: Thursday April 23 2009 Gas explorer to merge with gold miner Saber Energy, the Botswana-focused gas exploration company, has entered into preliminary merger discussions with Talon Metals Corp., ... Date added: Thursday April 23 2009 Flare country Whereas the ratio of flared gas to produced gas—in Nigeria—has diminished since 1990, the absolute volume of flared gas hasn’... Date added: Thursday April 23 2009 Past editions |
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