Regional News: West Africa

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Oil Flows From Otakikpo Marginal Field in Nigeria
Thursday, December 08, 2016 Lekoil announced Thursday that oil has flowed from the Otakikpo Marginal Field in Nigeria to onshore storage tanks, where it will be evacuated upon completion of the offshore pipeline.

NNPC Head: Nigeria Oil Sales Should Be Centralized In Sector Overhaul
Wednesday, December 07, 2016 Nigeria's oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country's long-awaited petroleum bill proposes.

Sao Tome To Terminate Oil Block With Sinopec-Sonangol Joint Venture
Wednesday, December 07, 2016 Sao Tome and Principe has decided to terminate an oil concession granted to Sinoangol.

Analysts: Production Ramp-Up at TEN Crucial for Tullow
Wednesday, December 07, 2016 Production ramp-up of the TEN field offshore Ghana is crucial for Tullow Oil plc to maintain continued bank support ahead of a final investment decision on a new project in Uganda, say analysts.

Eni: Oil Worker Dies Following Congo Platform Fire
Friday, December 02, 2016 An oil and gas worker dies after a fire occurred on the Foukanda platform, located offshore the Republic of Congo, Italian energy firm Eni said Friday.


FAR Refutes Claims that it cannot Farm Into Djiffere Block
Thursday, December 01, 2016 FAR Limited refutes claims that it cannot exercise its option to farm into the Djiffere block offshore Senegal because of a lack of funds.

CGG: Final Gabon South Basin Data Sets Now Available
Thursday, December 01, 2016 French geophysical services company CGG announced Thursday that the final data sets from its recent 3D survey in the Gabon South Basin are now available.

Two Appraisal Wells to be Drilled at SNE Field in 2017
Friday, November 25, 2016 FAR Ltd and its Senegal joint venture partners have agreed to drill 2 appraisal wells on the SNE oil field.

Better Conditions See West Africa Attract Most Oil, Gas Workers
Friday, November 25, 2016 Better conditions, higher pay and more jobs sees West Africa attracts the largest numbers of oil and gas workers in the African continent, oil and gas analysts say.

Consortium Led By French Group Total Wins Ivory Coast LNG Deal
Friday, November 25, 2016 Total, the Ivorian state oil company and 4 other partners have formally established a consortium to build a liquid natural gas (LNG) import terminal meant to feed the country's growing electricity consumption.

African Petroleum Exits Liberia
Wednesday, November 23, 2016 West Africa-focused independent energy firm, African Petroleum, announces that the production sharing contracts for blocks LB-08 and LB-09 in Liberia have expired and will not be extended.

Nigeria's Economic Slump Deepens as Oil Output Continues to Drop
Monday, November 21, 2016 Nigeria's economic slump deepened in the third quarter as oil production continued to fall and factory output was hit by a shortage of dollars.

Producer: Nigeria Needs Billions in New Investment to Raise Oil Output
Thursday, November 17, 2016 Nigeria needs at least $14 billion a year in new investment over the next five years to raise oil output to 2.2 million barrels a day and even higher spending to lift it to 3 million bpd, the head of a company producing oil in the country said.

Minister: Nigeria Reaches Deal to Pay $5.1B in Unpaid Bills to Oil Majors
Thursday, November 17, 2016 Nigeria has reached a deal to pay $5.1 billion in unpaid bills to oil majors including Royal Dutch Shell and Exxon Mobil, the minister of state for oil said.

Savannah Signs MOU with NNDC, NNPC
Thursday, November 17, 2016 Savannah Petroleum plc signs an MOU with NNDC and NNPC to support a collaboration between the 3 parties in the Nigerian section of the Central African Rift System.

Niger Delta Avengers Claim Attack On Nigeria's Nembe Creek Pipeline
Tuesday, November 15, 2016 Nigerian militant group Niger Delta Avengers on Tuesday said that it had attacked the Nembe Creek Trunk Line pipeline in the southern Niger Delta.