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Clontarf in Constructive Discussions with Ghanaian Ministry

June 8, 2017 No Comments

The directors of Clontarf Energy (AIM: CLON) reports that discussions have taken place in recent days relating to the Tano 2A onshore offshore block in Ghana. These discussions were positive and constructive, and will be continued. David Horgan, Director, commented “The Tano 2A saga has been ongoing for nine years. There are numerous legacy issues […]

Tags: News analysis
Eni starts production from the OCTP Integrated Oil&Gas Development Project, in Ghana

Eni starts production from the OCTP Integrated Oil&Gas Development Project, in Ghana

May 22, 2017 No Comments

Eni has launched production from the Integrated Oil&Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in just two and a half years, and three months ahead of schedule, reaching another record time-to-market. The OCTP integrated oil & gas development is made up of the Sankofa Main, Sankofa East […]

Kosmos Energy Announces First Quarter 2017 Results

Kosmos Energy Announces First Quarter 2017 Results

May 12, 2017 No Comments

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced its financial and operating results for the first quarter of 2017. For the first quarter of 2017, the Company generated a net loss of $28.8 million, or $0.07 per diluted share as compared to net loss of $59.0 million or $0.15 per diluted share in the same period […]

NJ Ayuk’s Big Barrels Leads the Way forward to Africa oil and gas 2.0

NJ Ayuk’s Big Barrels Leads the Way forward to Africa oil and gas 2.0

May 4, 2017 No Comments

As an exemplary African entrepreneur, NJ Ayuk has intimately witnessed the transformative impact of the oil and gas industry on the continent, being an active player in building countries, shaping economies and its societies. The launch of, Big Barrels: African Oil and Gas and the Quest for Prosperity http://APO.af/1ogcte , co-written with João Marques, is […]

Tullow announce Results of the Rights Issue

Tullow announce Results of the Rights Issue

April 25, 2017 No Comments

Tullow Oil plc (“Tullow” or the “Company”) announced that, as at 11.00 a.m. on 24 April 2017 (being the latest time and date for receipt of valid acceptances under the Rights Issue), it had received valid acceptances in respect of 444,961,436 ordinary shares of 10 pence each in the capital of the Company (the “Accepted […]

GE Oil & Gas opens new Sub Saharan Africa facility to support customer operations

GE Oil & Gas opens new Sub Saharan Africa facility to support customer operations

March 22, 2017 No Comments

GE Oil & Gas (NYSE: GE) opened a new facility in Takoradi Port, Ghana today, expanding its global footprint and supporting local investment. The company committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years, as it seeks to build a world-class team locally. The facility, which will be […]

TechnipFMC Awarded an Onshore Contract in Ghana

TechnipFMC Awarded an Onshore Contract in Ghana

March 21, 2017 No Comments

TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded a contract by ENI Ghana E&P Limited (a subsidiary of ENI, GNPC(1) and Vitol), for the onshore part of the OCTP(2) development of the Sankofa field, offshore Ghana. Under this contract, TechnipFMC will perform the project management, engineering, supply, construction and commissioning (EPC) for the Onshore Receiving Facilities […]

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Eni Announce full year 2016 and fourth quarter results

Eni Announce full year 2016 and fourth quarter results

March 1, 2017 No Comments

Eni’s Board of Directors approved group results for the full year and the fourth quarter 2016 (unaudited). Highlights and outlook Upstream Continuing strong exploration track record: discovered 1.1 billion boe of additional resources at a cost of 0.6 $/boe. Additions to the Company’s resources backlog of 3.4 billion boe in the latest 3 years, at […]

Tullow Oil plc Presents 2016 Full Year Results

Tullow Oil plc Presents 2016 Full Year Results

February 8, 2017 No Comments

Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its full year results for the year ended 31 December 2016. 2016 FULL YEAR RESULTS SUMMARY • Revenue of $1.3 billion; post tax loss of $0.6 billion after write-offs and impairments. Operating cash flow of $0.8 billion. • Year-end 2016 net […]

GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project

GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project

January 17, 2017 No Comments

UK Export Finance (UKEF) has announced that it will provide US$400 million in support for a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project. GE Oil & Gas, which is headquartered in the UK, is providing subsea production systems to the project, which will develop oil and gas fields approximately 60km […]

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