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Shell to Sell Gabon Onshore Assets for $587MM, 430 Staff to be Transferred
Friday, March 24, 2017 Royal Dutch Shell plc reaches an agreement with Assala Energy Holdings Ltd. to sell 100% of its Gabon onshore interests for $587 million.
Nigerian Court Overturns Seizure Of Oilfield From Shell And Eni
Friday, March 17, 2017 A Nigerian court overturns a request by Nigeria's financial crimes agency to seize an oilfield from Royal Dutch Shell and Eni.
Total Starts Up Moho Nord Deep Offshore Project
Wednesday, March 15, 2017 Total starts up production from the Moho Nord deep offshore project, located offshore the Republic of the Congo.
Nigeria's Proposed Sale of Oft-Bombed Oil Assets Not Easy
Monday, March 13, 2017 Nigerian President Muhammadu Buhari's government proposed a plan to jump start the economy by, among other things, selling stakes in joint-venture oil projects within the next three years.
Australia's FAR Says Senegal Oilfield Could Start Earlier Than Expected
Thursday, March 09, 2017 Australia's FAR Ltd, a partner in an oilfield off Senegal, says the project could start producing before 2021, earlier than previously touted, and at a higher rate than flagged before.
Chevron Commences Oil, Gas Production from Angola Project
Thursday, March 09, 2017 Chevron Corporation announces that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project.
Cairn Energy: SNE-5 Appraisal Well Hits Oil, Gas
Tuesday, March 07, 2017 Cairn Energy plc announces that multiple samples of oil and gas have been recovered at the SNE-5 appraisal well offshore Senegal.
Techniques Training to Offer Course in West Africa
Monday, March 06, 2017 Techniques Training International aligns with Murchison Drilling Schools to offer courses in West Africa.
Equatorial Guinea Extends EG Ronda Licensing Round
Tuesday, February 28, 2017 The Ministry of Mines and Hydrocarbons of Equatorial Guinea extends the official closing date of the EG Ronda Licensing Round to April 28, 2017.
Nigeria's Economy Contracted By 1.5% In 2016 On Lower Oil Prices
Tuesday, February 28, 2017 Nigeria's gross domestic product fell by 1.5% in 2016 due to lower oil revenues, the National Bureau of Statistics says.
Total Sells Gabon Assets to Perenco for $350MM
Monday, February 27, 2017 Total S.A. signs an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco for a total value of around $350 million.