Production News for East & South Africa


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Nigeria State Oil Firm Says Its Production Costs Cut To $23 A Barrel
Wednesday, August 16, 2017 Nigeria's production cost per barrel of crude oil is down to $23, the state oil company says.

Standard Bank Seeks to Raise $3 Billion for Ugandan Oil Pipeline
Tuesday, August 15, 2017 Standard Bank Group Ltd.'s Ugandan unit plans to raise $3 billion for a crude pipeline by the second half of next year.

IMF Sees Oil Making Up As Much As 4% Of Battered Uganda Economy
Tuesday, July 25, 2017 Uganda's new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the IMF says.

Tlou Energy Looking to Progress Botswana CBM Project
Tuesday, July 04, 2017 Tlou Energy Limited lodges a mining license application for the Lesedi coal bed methane project.

Italy's Eni Signs LNG Deal In Mozambique, Raising Hopes Of Gas Boom
Thursday, June 01, 2017 Eni signs an $8 billion deal to develop a gas field off the coast of Mozambique.

Eni To Sign Off On Mozambique Gas Project This Week
Tuesday, May 30, 2017 Eni will complete its long-awaited final investment decision on a large liquefied natural gas (LNG) project offshore Mozambique this week.

Aminex Confirms Production Testing at Ntorya 2 Well Onshore Tanzania
Tuesday, February 28, 2017 Africa-focused oil and gas company Aminex plc confirms that production testing on the recently drilled Ntorya 2 appraisal well, located in the onshore Ruvuma Basin of Tanzania, commenced Feb. 25.

Sasol Sees First Ever Oil From Mozambique In 2-3 Years
Monday, February 27, 2017 South Africa's Sasol will produce oil from Mozambican wells in 2-3 years, the first crude output from the southeast African country, joint chief executive Stephen Cornell says.

Total's Uganda Expansion 'Significantly De-risks' Project Sanction
Tuesday, January 10, 2017 Total's decision to increase its stake in Uganda's Lake Albert oil development significantly de-risks the project's sanctioning, analysts at investment bank Jefferies said.

Samsung Wins Mad Dog 2 Fabrication Contract
Thursday, January 05, 2017 Samsung wins contract for BP's Mad Dog 2 platform engineering and procurement work.