Afren plc (“Afren” or the “Company”) and Partners Optimum Petroleum Development Ltd and Lekoil Limited announce the suspension of current drilling operations at the Ogo prospect located on the OPL Continue reading “Afren Ogo drilling results significantly above expectation” »
The African Centre for Energy Policy (ACEP) is calling for companies in the oil and gas industry to be slapped with additional taxes. According to the centre, Ghana is already losing so much because of inadequacies in the petroleum tax laws. Continue reading “Oil Companies Should Pay More Taxes in Ghana – ACEP Boss” »
The Nigerian National Petroleum Corporation – NNPC, has said that the massive ongoing gas pipeline projects across the country will provide a veritable platform for individual homes and estates to be linked with gas pipelines to enhance its domestic use. The Group Managing Director of the Corporation, Engr. Andrew Yakubu disclosed this during a panel discussion on power at the Nigeria Investment Summit in New York. Continue reading “NNPC Provides Update on Nigerian Gas Pipeline Projects” »
Kilimanjaro Capital (“Kilimanjaro” or “the Company”) (GXG:KCAP), the ethical investment company with acquisitions in the African mining and Oil & Gas sectors, is pleased to announce that it has entered into a farmout agreement (“the Agreement”) with the Australian-Somali company Amsas to obtain a 5% non working interest in the Somalia Amsas-Coriole-Afgoye (“ACA”) Block with an opportunity to earn an additional 5% each in additional three Somali blocks. Continue reading “Kilimanjaro Capital to Assume Pivotal Role in Somalia Oil Project” »
Total announces that it has received approval from the South African authorities and has completed the acquisition of a 50% interest in Block 11B/12B, from CNR International (South Africa) Ltd., a wholly owned subsidiary of Canadian Natural Resources Limited.
The asset is located in the Outeniqua Basin, around 175 kilometers off the southern coast of the country, and covers an area of 19,000 square kilometers with water depths ranging from 200 to 1,800 meters. Continue reading “Total Acquires Offshore Exploration Interests In South Africa” »
Ophir Energy plc (“Ophir” or “the Company”) announces that it has secured a rig for its West African drilling campaign starting in Q1 2014.
Rig secured for West African 2014 multi-well campaign
Ophir has agreed heads of terms for a deep water drill ship for its operated multi-well West African drilling programme in 2014. Continue reading “Ophir Energy Assigns Rig for West Afican Asset” »