Regional News: West Africa

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Nigeria Oil Thieves Keep a Lid on Output Even as Bombs Abate
Thursday, July 20, 2017 The continual disruption blighting the impoverished delta region threatens plans to exceed 2 million barrels a day, according to Wood Mackenzie.

African Petroleum Lets Blocks Sale Exclusivity Clause Lapse
Thursday, July 20, 2017 African Petroleum has agreed to let an exclusive agreement lapse in talks to sell oil licenses in Gambia and Senegal, it says.

Ghana Oil Boon Not Enough to Plug Budget Hole as Prices Drop
Thursday, July 13, 2017 A surge in Ghana's oil output this year may do little to ease the West African nation's fiscal strains as crude prices are lower than what it budgeted

African Petroleum's Priority Is To Have Dialogue With Gambia
Thursday, July 06, 2017 African Petroleum's first priority is to engage in a constructive dialogue with Gambian authorities, its CEO says.

Gambia Oil Minister Confirms End To Talks With African Petroleum
Wednesday, July 05, 2017 Gambian Oil Minister Fafa Sanyang confirms the West African nation has ended talks to extend the exploration rights of Oslo-listed African Petroleum for 2 offshore oil blocks.

Nigerian State Oil Firm Says Saved $2B With Cheaper Contracts
Tuesday, July 04, 2017 Nigeria's state oil company has saved $2 billion in the past year by renegotiating its upstream servicing contracts.

Statement: Workers at Ivory Coast's Petroci Go On Strike
Thursday, June 29, 2017 Workers at Ivory Coast's state oil company Petroci went on strike, fearing job losses amid a push by the government to restructure and privatize parts of the business, their union said in a statement.

Nigeria's State Oil Company Agrees $700 Million Joint Venture
Thursday, June 29, 2017 Nigeria's state oil company said it had agreed to a joint venture to cover the more than $700 million cost of developing new oil fields in its southern Niger Delta energy hub.