Regional News: West Africa

 
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NNPC: Nigeria Oil Output Rises to 1.9 Million Barrels
Monday, June 27, 2016 Oil production in Nigeria has risen to about 1.9 million barrels per day from 1.6 million bpd, due to repairs and more than a week having passed since a major pipeline attack in the Niger Delta, a state oil company spokesman says.

VOG Appoints New CEO
Thursday, June 23, 2016 Victoria Oil & Gas plc appoints a new Group CEO, effective immediately.

BLOG: Will NDA Militants Agree to Peace Deal with Nigerian Government?
Wednesday, June 22, 2016 Recent media reports suggest that the Niger Delta Avengers are on the brink of agreeing a ceasefire deal with the government, but how accurate are they?

Angola State Oil Firm Finds Gas In Kwanza Basin
Wednesday, June 22, 2016 Angolan state oil company Sonangol has discovered gas reserves in the offshore Kwanza basin that it says could total 813 million barrels of oil equivalent in a block in which BP has a stake.

President Warns Oil Fall Leaves Angola Short of Foreign Reserves
Wednesday, June 22, 2016 Angola is running short of foreign reserves to pay for imports because its national oil firm has not contributed to state coffers since January, President Jose Eduardo dos Santos says.

  


Niger Delta Attacks Threaten West African Production, Power Supply
Wednesday, June 22, 2016 Attacks on oil and gas production sites in the Niger Delta are threatening both production volumes and power supply of West African countries.

Lekoil Agrees Capital Re-Financing Deal, Completes New Debt Facility
Monday, June 20, 2016 Lekoil announces the refinancing of an existing debt facility and the completion of a new debt facility raising, in aggregate, $20 million.

Nigeria's Lekoil Makes Use of Weak Naira to Fund Oil Field Expansion
Friday, June 17, 2016 Nigerian oil explorer Lekoil has converted around half of its investment budget into naira from U.S. dollars, benefiting from the Nigerian currency's weakness to fund an oil field expansion despite growing militant disruptions.

Chariot Oil & Gas Exits Mauritania License
Thursday, June 16, 2016 Chariot Oil & Gas Limited elects not to enter into the First Renewal Phase of the C-19 license in Mauritania.

Niger Delta Militants Blow Up NNPC Pipeline
Thursday, June 16, 2016 The NDA blows up a Nigerian National Petroleum Corporation (NNPC) pipeline in Oruk Anam local government area in Akwa Ibom.

SDX Energy Quits Cameroon Concession In 'Sensible' Move
Thursday, June 16, 2016 SDX Energy announces its withdrawal from the Bakassi West concession in Cameroon, following the completion of drilling activities on the Manatee-1X well.

NDA Threatens to Sink Oil Tankers, Review Its Stance of Not Taking Lives
Tuesday, June 14, 2016 The Niger Delta Avengers militant group has threatened to sink oil tankers and "review" its stance of not taking lives in its latest warning to oil and gas companies operating in the Niger Delta.

Nigerian Militants Insist on Foreign Mediators for Talks with Government
Monday, June 13, 2016 The Niger Delta Avengers, a militant group that has carried out attacks on oil facilities in Nigeria's southern oil region, says it will only negotiate with the government if independent foreign mediators were involved.

Avengers Spurn Call From Ex-Niger Delta Cohorts To Join Talks
Monday, June 13, 2016 The Niger Delta Avengers reject calls from former militants to join talks with the government.

The Rigzone Interview: EGME CEO Says Chad Output to Triple in Next Decade
Monday, June 13, 2016 Hundreds of jobs will be created in Chad this year as Essel Group Middle East increases oil production from the country, says EGME's CEO Punkaj Gupta.

Blast Hits NPDC Pipeline In Nigeria's Delta Region
Friday, June 10, 2016 An explosion hits a pipeline operated by a subsidiary of Nigeria's state oil company in the West African country's restive Delta region.

Nigeria Senate Probes Chevron's $10 Billion Gas Project
Wednesday, June 08, 2016 A Nigerian Senate committee asks Chevron Nigeria to explain why a gas-to-liquids joint venture with the state-run petroleum company cost about three times more to complete than initially estimated.

Cameroon Oil Output Up Nearly 20% This Year
Wednesday, June 08, 2016 Cameroon's crude oil production rises 19.4% between January and April, compared with a year earlier, to 12.3 million barrels.

Niger Delta Militants Reject Offer Of Talks, Blow Up Chevron Well
Wednesday, June 08, 2016 The Niger Delta Avengers reject an offer for talks with the government to end a series of attacks on oil facilities in the Delta.

Oil Minister: Nigeria Wants to Talk to Delta Avengers
Tuesday, June 07, 2016 Nigeria wants to talk to the Niger Delta Avengers militant group that has claimed a string of attacks that sharply cut crude output, its oil minister said, in an attempt to stem a tide of violence in the country's main oil-producing region.

Oil Minister: Nigeria to Start Dialogue with Niger Delta Militants
Tuesday, June 07, 2016 Nigeria says it will start a dialogue with the Niger Delta Avengers militant group, which has claimed a string of attacks against the country's oil infrastructure.

Angola Oil Company Sonangol Denies Report About $50 Billion Hole
Tuesday, June 07, 2016 Angolan state-owned oil company Sonangol says a report about a $50 billion shortfall in its accounts is "absolutely false."

Ghana Sees Rapid Increase of Oil, Gas Output as Sankofa Field Starts
Tuesday, June 07, 2016 Ghana sees first oil production from the offshore Sankofa field, which is being developed by Eni and Vitol, taking place during the second half of 2017.

Isabel dos Santos Promises Overhaul of Angola's State Oil Firm
Monday, June 06, 2016 Isabel dos Santos, the billionaire daughter of Angolan President Jose Eduardo dos Santos, pledges an overhaul of Sonangol to improve its efficiency and margins to offset the "huge" impact of depressed oil prices.

Ghana Expects Steady Oil Output As Tullow's Jubilee Recovers
Monday, June 06, 2016 Ghana's oil output is expected to average 110,000 barrels per day in 2016, similar to last year, as output is ramped up at Tullow Oil's Jubilee Field.

Equatorial Guinea Says Schlumberger Walked Away From Fortuna Project
Monday, June 06, 2016 Equatorial Guinea's energy minister says Schlumberger had walked away from the country's Fortuna floating liquefied natural gas (FLNG) project but he also said he was confident it would be successful.

Nigerian Militants Warn Of 'Zero' Oil Output In New Attacks
Friday, June 03, 2016 The Niger Delta Avengers militant group claimed three new attacks on the country's battered oil infrastructure overnight, promising to bring Nigeria's oil production to "zero".

Nigeria's Buhari Cancels Visit To Oil-Producing Niger Delta
Thursday, June 02, 2016 Nigerian President Muhammadu Buhari cancels at the last minute a visit to the oil-producing Niger Delta, which has been hit by a wave of militant attacks.

Gabon Seismic Survey Dataset 'Way Beyond Expectations'
Wednesday, June 01, 2016 A preliminary ultra-fast-track dataset produced onboard a vessel carrying out a seismic survey offshore Gabon is described as "way beyond expectations" by a major oil company interpreter.

Niger Delta Avengers 'Blow Up' Chevron Wells in Nigeria
Wednesday, June 01, 2016 Chevron's RMP 23 and RMP 24 wells in Nigeria have been blown up, according to a Twitter statement from the Niger Delta Avengers.

Eland Oil & Gas Appoints New CFO
Tuesday, May 31, 2016 Eland Oil & Gas plc appoints Olivier Serra as its new chief financial officer, effective immediately.