Regional News: West Africa

 
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Maurel & Prom Eyes Further Merger After MPI Deal To Cope With Low Oil Price
Friday, August 28, 2015 Maurel & Prom says it was reabsorbing its former Nigerian unit MPI as a first step towards tripling in size to cope with the impact of a plunge in the oil price.

Azonto Petroleum Completes Vioco Sale for $4M
Friday, August 21, 2015 Azonto Petroleum completes the sale of its 35% stake in Vioco Petroleum Limited, to Vitol E&P Limited, for $4 million.

Shell Lifts Force Majeure on Gas Supplies to Nigeria's NLNG
Friday, August 21, 2015 Shell's Nigerian joint venture lifts its force majeure on natural gas supplies to the Nigeria Liquefied Natural Gas Company after repairing a pipeline.

Panoro Energy Reports $34.13M Operating Loss
Thursday, August 20, 2015 Panoro Energy announces a $34.13 million operating loss at the EBIT level, during the second quarter of 2015.

Bowleven Spuds Moambe Well Onshore Cameroon
Wednesday, August 19, 2015 Bowleven commences drilling operations at the Moambe exploration well on the Bomono Permit, onshore Cameroon.

  


Spend More To Save More? CSR Programs Can Save Operators Millions
Wednesday, August 19, 2015 Experts say investing socially in emerging countries could pay big dividends to oil and gas companies in the long run.

Cairn Agrees Six-Well Drilling Plan with Senegal
Tuesday, August 18, 2015 Cairn Energy reaches an agreement with the government of Senegal over a development plan that includes an initial program of six exploration and appraisal wells.

Nigeria's NNPC to Review Production-Sharing Contracts, Joint Ventures
Monday, August 17, 2015 The new head of the Nigerian National Petroleum Corp says he will review all production-sharing contracts and joint venture agreements with its partners "to reflect current day realities in the global oil and gas industry".

Nigeria's New Oil Chief Announces Restructuring, Audit
Thursday, August 13, 2015 The new head of the Nigerian National Petroleum Corp. has started a three-pronged restructuring of the state-owned company that should lead to "a new NNPC".

Tullow Resumes Exports from the Jubilee Field
Wednesday, August 12, 2015 Tullow Oil reports that it is exporting gas again from its Jubilee field, offshore Ghana, more than a week ahead of schedule.

Nigeria's State Oil Company Appoints Four New Executive Directors
Tuesday, August 11, 2015 Nigeria's state oil firm appoints four new group executive directors and cuts its management staff.

The Strengths & Challenges of Investing in Nigeria
Monday, August 10, 2015 Rigzone highlights the strengths and challenges of Nigeria as an oil and gas investment opportunity.

Maintenance Activities Completed on Opuama-5 Well, Nigeria
Friday, August 07, 2015 Eland Oil & Gas reports that maintenance activities on its Opuama-5 well, onshore Nigeria, are now complete.