West Africa News


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Oil, Gas Majors to Boost Renewable Spend
Friday, January 12, 2018 Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018.

Nigeria State Oil Firm Says Gas Pipeline Explosion Has Not Affected Supply
Friday, January 12, 2018 Nigeria's state oil firm says the supply of gas had not been affected by an explosion the previous day on a major pipeline.

Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Thursday, January 11, 2018 Oil briefly topped $70 a barrel in London for the first time in three years.

OPEC's Cheer Over 2018 Oil Rally Tinged By Shale Worries
Tuesday, January 09, 2018 Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC.

OPEC's Oil Cuts Claim a Victim as Supertanker Earnings Crash
Tuesday, January 09, 2018 OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain.

Nigeria Restores Supply Of Gas On Pipeline Affected By Fire-State Oil Firm
Monday, January 08, 2018 Nigeria has fully restored the supply of gas on a pipeline affected by a fire last week.

Angola LNG Production Setback Prompts Tender Cancellation
Monday, January 08, 2018 A production issue affecting the Chevron-led Angola LNG export facility has prompted the cancellation of a tender.

Investors Sense Opportunities In Big Oil - But Mind The Gap
Friday, January 05, 2018 Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

New 3D Seismic to be Acquired at Otakikpo Marginal Field
Thursday, January 04, 2018 Lekoil reveals that 197 square kilometers of 3D seismic data will be acquired at the Otakikpo Marginal Field in OML 11.

Why I Returned to the Oilfield...
Thursday, January 04, 2018 Oil and gas workers detail their journeys exiting - and coming back - to the industry.

Rig Trends: Offshore Rig Fleet Poised for Comeback, but More Time is Needed
Thursday, January 04, 2018 Most of the 2018 indicators are positive, and should they shake out as predicted, the second-half of next year could finally be the start of a true recovery.

Maersk Drilling Secures 4-Year Contract with Tullow Ghana for Drillship
Wednesday, January 03, 2018 Maersk Drilling secures 4 year contract for the Maersk Venturer deepwater drillship.

Nigerian Power Grid Shut Down By Gas Pipeline Fire
Wednesday, January 03, 2018 Nigeria's electricity grid has been shut down by a fire on a gas pipeline.

Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
Wednesday, January 03, 2018 Argo Consulting's Alan Free discusses where the silver lining may be for oil and gas in 2018.

Moody's Sees Oil Prices At $40-$60 Per Barrel This Year
Tuesday, January 02, 2018 Moody's Investors Service expects oil prices in the range of $40 to $60 per barrel in 2018.

2018 Outlook: Survey Reveals Industry's Outlook on Oil Prices, Jobs
Tuesday, January 02, 2018 Rigzone readers share their outlooks on some of the most pertinent issues affecting the oil and gas industry.

What to Watch for in the Downstream in 2018
Tuesday, January 02, 2018 Expert panel offers 2018 outlook for refining, petchems, LNG and more.

Top 5 Articles by Rigzone Staff in 2017
Friday, December 29, 2017 Rigzone reveals some of its most-read articles written by staff in 2017.

Top Rigzone-Staff Picks for 2017
Thursday, December 28, 2017 Rigzone's editors highlight articles they've particularly enjoyed writing in 2017.

The 2017 Downstream Countdown: 10 to 6
Thursday, December 28, 2017 Find out which countries were vying for the top LNG exporter spot in 2017.

Five Oil Signals to Watch as 2018 Pits OPEC Against Shale
Thursday, December 28, 2017 Oil traders are going to have their work cut out for them in 2018.

The 2017 Downstream Countdown: 15 to 11
Wednesday, December 27, 2017 Here's a recap of the top downstream articles on Rigzone in 2017, starting with numbers 15 through 11.

What Has Made 2017 Memorable in the Downstream?
Friday, December 22, 2017 They're not stand-up comics, but these folks know a thing or two about downstream highlights.

Global Conventional Discoveries Hit Record Low
Friday, December 22, 2017 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

Onshore Cameroon Well Flow Test 'Very Encouraging'
Friday, December 22, 2017 Victoria Oil & Gas Plc reveals that flow testing of the La-108 well, located onshore Cameroon, has been 'very encouraging'.

BLOG: Wrapping Up a Year of Oil Price Predictions
Thursday, December 21, 2017 Volatility is the name of the game for oil prices, and in this end-of-year wrap-up, Rigzone shows the ups and downs that were present in this year’s predictions.

Rigzone Survey Finds Downstream Hiring Hot Spots for 2017, 2018
Thursday, December 21, 2017 Survey participants also reveal where jobs should be most plentiful in the downstream next year.

The 2017 Downstream Countdown: The Final Five
Thursday, December 21, 2017 Presenting, Rigzone's top five downstream articles for the past year.

Nigerian Oil Union Begins Nationwide Strike
Monday, December 18, 2017 One of Nigeria's largest oil unions launched a nationwide strike on Monday over the laying off of its workers, its general secretary said.

Nigeria's Rush For Petrol Could Save Europe's Sagging Margins
Monday, December 18, 2017 Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December.

New Africa Gas Comes at Right Time for Europe in Supply Woes
Friday, December 15, 2017 The extra output couldn't come at a better time for Cameroon.

Refining Capacity Growth In Nigeria Will 'Substantially' Erode Exports
Wednesday, December 13, 2017 Nigeria's projected growth in refining capacity over the early 2020s will 'substantially' erode the country's crude oil exports due to a 'weak' new project pipeline.

Nigerian Oil Union PENGASSAN Threatens Nationwide Strike
Thursday, December 07, 2017 One of the country's 2 main oil unions threatens to stage a nationwide strike from Dec. 15 over a 'mass sacking of workers'.

Total, Sonangol in Angola Pact
Wednesday, December 06, 2017 Total, Sonangol sign several agreements covering both upstream and downstream activities in Angola.

ExxonMobil to Evaluate Offshore Mauritania Blocks
Monday, December 04, 2017 Company plans seismic activities.

ExxonMobil Nears Deal To Explore For Oil And Gas Offshore Mauritania
Wednesday, November 29, 2017 ExxonMobil is close to signing a deal to explore for oil and gas offshore Mauritania, its first foray into the West African country.

Australia's FAR Expects 1.1B Barrels Of Oil From Gambian Blocks
Tuesday, November 21, 2017 FAR Ltd says an independent study of 2 of its offshore blocks in West Africa's Gambia found potential for a total of 1.1 billion barrels of oil.

BP Seeks Stake In Cairn Energy Senegal Assets
Monday, November 20, 2017 Cairn Energy is in talks with BP to sell a 30% stake offshore Senegal.

Ghana Opens Talks With Exxon On Deepwater Drilling Contract
Monday, November 13, 2017 Ghana has opened talks with ExxonMobil to allow the US oil firm to undertake deepwater exploration off its coast, a deputy energy minister says.

Gambia To Market Oil Blocks Revoked From African Petroleum
Friday, November 10, 2017 Gambia plans to market 2 offshore oil blocks that it revoked from African Petroleum.

Kosmos Expects To Resume Drilling On Ghana's TEN Project In Early 2018
Monday, November 06, 2017 Kosmos Energy Ltd expects to resume development drilling on Ghana's multi-billion dollar TEN deepwater oil and gas project in early 2018.

Niger Delta Avengers Issue 'Bloody' New Warning to Oil Companies
Friday, November 03, 2017 The Niger Delta Avengers (NDA) have issued a 'brutal and bloody' new warning to oil and gas companies operating in Nigeria's Niger Delta region.

Ivory Coast To Auction 22 New Blocks For Hydrocarbon Exploration
Wednesday, October 25, 2017 Ivory Coast is offering 22 new blocks for hydrocarbon exploration at a new licensing round.

Equatorial Guinea Takes Steps to Stem Oil-Output Decline
Tuesday, October 24, 2017 Equatorial Guinea, OPEC's newest member, is taking steps to stem the decline in its oil production.

Nigeria's 650,000 Bpd Dangote Refinery Seen Onstream By End 2019
Tuesday, October 24, 2017 A refinery being built in Nigeria is due to come onstream by the end of 2019.

Ivory Coast 2017 Crude Oil Output Seen Rising Slightly To 40,000 Bpd
Monday, October 23, 2017 Average crude oil output for Ivory Coast in 2017 revised to 40,000 barrels a day, Energy and Petroleum Minister Thierry Tanoh says.

Angola Is Not The Next Venezuela, State Oil Firm Says As It Cuts Debt
Wednesday, October 18, 2017 Angola is not the next Venezuela, the head of state oil firm Sonangol says.

African Petroleum Seeks Arbitration Over Gambia Oil Dispute
Wednesday, October 18, 2017 African Petroleum Corp has begun arbitration proceedings over Gambia's decision to strip the company of its rights to explore for oil in two offshore areas.

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