Regional News: West Africa

 
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Savannah Signs PSC with Niger for R3/R4 License Area
Friday, July 31, 2015 Savannah Petroleum signs a Production Sharing Contract (PSC) with the government of Niger for the country's R3/R4 license area.

Oil Producer Afren's Board to Put Company into Administration
Friday, July 31, 2015 Africa-focused independent producer Afren's board decide to put the company into administration after failing to secure support for a restructuring plan.

Lekoil: First Oil from Otakikpo Delayed to 3Q 2015
Wednesday, July 29, 2015 Lekoil announces that plans to produce first oil from the Otakikpo field, offshore Nigeria, have been delayed due to safety reasons.

Tullow: Ghana TEN Project 65% Complete, On-Track for First Oil Mid-2016
Wednesday, July 29, 2015 Tullow Oil announces that the TEN project in Ghana is approximately 65% complete and confirms that the field remains on schedule, and on budget, for first oil in mid-2016.

MX Oil Announces Aje 5 Well Spud Offshore Nigeria
Monday, July 27, 2015 MX Oil announces the spud of the Aje 5 production well, which is located in the Aje Field on the OML 113 license offshore Nigeria.

  


Sterling Sees Acquisition Opportunities amid Low Oil Price
Monday, July 27, 2015 Africa-focused Sterling Energy intends to take advantage of the low oil price by buying 'quality' exploration assets from distressed players in the oil and gas sector.

Bowleven Discovers Hydrocarbons Onshore Cameroon
Friday, July 24, 2015 Bowleven announces that Zingana, the first in a 2 well exploration program on the Bomono Permit onshore Cameroon, has discovered hydrocarbons.

Victoria Oil & Gas Almost Triples its Daily Gas Production
Thursday, July 23, 2015 Victoria Oil & Gas almost triples its daily gas production in 2Q 2015, compared to the first quarter of the year.

Nigeria's President Buhari Says Will Recover Stolen Oil Money
Wednesday, July 22, 2015 Nigerian President Muhammadu Buhari says his government will trace and recover what he called "mind-boggling" sums of money stolen from the oil sector.

Tullow Expects Gas Exports from Jubilee Field to Resume by Mid-August
Monday, July 20, 2015 Tullow Oil reports that gas exports from its Jubilee field, offshore Ghana, will resume by mid-August after technical issues with gas compression systems on the field's FPSO vessel.

Angola Requests Bids for 10 Onshore Oil Blocks
Monday, July 20, 2015 Sonangol requests prequalified bidders to submit bids for 10 onshore oil blocks, as Africa's second largest crude exporter aims to open up new exploration opportunities.

Polarcus Commences Multi-Client Survey Offshore Northwest Africa
Monday, July 20, 2015 Polarcus Limited commences a new 3D broadband multi-client survey across the Mauritania-Senegal-Guinea-Bissau Basin, offshore northwest Africa.

Afren Requests Suspension of Shares
Wednesday, July 15, 2015 Afren requests the suspension of trading in its shares, as it is currently unable to accurately assess its financial position.

Eni Revises Death Toll in Nigeria's Oil Pipeline Fire to 13
Monday, July 13, 2015 Eni revises upward the death toll in Nigeria's Tebidaba-Clough Creek pipeline fire to 13 after one of the three people warded for injuries died in hospital.

Pipeline Blast in Nigeria Kills 12 People at Repair Site
Friday, July 10, 2015 Italy's Eni says an explosion at a repair site on one of its Nigerian oil pipelines killed 12 people and injured three others Thursday afternoon.

Ophir Awards Upstream FEED Deals for E.Guinea's Fortuna FLNG Project
Thursday, July 09, 2015 Ophir Energy awards upstream front end engineering and design contracts for the Fortuna gas project in Equatorial Guinea to two consortia comprising McDermott Marine Construction-GE Oil & Gas and Subsea 7-Aker Solutions.

Ghanaian Students Use Scholarships to Pursue Careers in Energy Industry
Wednesday, July 08, 2015 Two Ghanaian students use master's program scholarships to further their studies in the energy industry.

Azonto Petroleum to Sell 35% Vioco Petroleum Stake
Wednesday, July 08, 2015 Azonto Petroleum plans to sell its 35% stake in Vioco Petroleum Limited to Vitol E&P Limited.

OPEC Beware: West Africa Could Lead The World's Next Production Boom
Tuesday, July 07, 2015 The right technology and tolerance for risk could make West Africa the next "North Sea," possibly offsetting the balance of the world's production hub.