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Eland Oil & Gas Issues Operations Update

Eland Oil & Gas Issues Operations Update

October 26, 2018 No Comments

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announced the following operations update. Opuama Drilling operations have been completed, with the Opuama-11 well being handed over to the Opuama field production team. The Company, through its joint-venture subsidiary […]

Wood secures 3 contracts with Woodside in Senegal

Wood secures 3 contracts with Woodside in Senegal

March 14, 2018 No Comments

Wood has been awarded three contracts to perform subsea and flow assurance studies for Woodside in Senegal, West Africa, supporting the proposed SNE Field Development in the Rufisque, Sangomar and Sangomar Deep Offshore blocks located offshore Senegal. Delivered by Wood’s technical experts in Australia and the UK, the contracts cover three separate concept definition studies: […]

Africa Oil Completes Investment in Impact Oil and Gas

Africa Oil Completes Investment in Impact Oil and Gas

March 8, 2018 No Comments

Africa Oil Corp. (TSX:AOI)(OMX:AOI) announced that it has completed the previously announced (February 7, 2018) investment (the “Investment”) in Impact Oil and Gas Limited (“Impact”), a private UK company with exploration assets in South and West Africa. In connection with the Investment, the Company issued 13,946,545 common shares in the capital of the Company to […]

Middle East Gulf gasoline flows to West Africa

Middle East Gulf gasoline flows to West Africa

March 7, 2018 No Comments

At least two Mideast Gulf shipments of what are likely gasoline have arrived in Nigerian waters in March so far, according to Vortexa data. The medium range (MR) vessel Magnifica loaded from Saudi Arabia’s Yanbu port and the long-range (LR1) vessel BW Columbia loaded from Fujairah’s Vopak Horizon terminal in the UAE. Both arrived offshore […]

Africa Oil Announce 2017 Full Year Financial and Operating Results

Africa Oil Announce 2017 Full Year Financial and Operating Results

March 1, 2018 No Comments

Africa Oil Corp. (“Africa Oil” or the “Company”) (TSX:AOI)(OMX:AOI) is pleased to announce its financial and operating results for the three months and year ended December 31, 2017. As at December 31, 2017, the Company had cash of $392.3 million and working capital of $436.3 million as compared to cash of $463.1 million and working […]

SeaBird Exploration source contract in West Africa

SeaBird Exploration source contract in West Africa

February 19, 2018 No Comments

SeaBird Exploration announced that it has signed an agreement to provide a source vessel for an upcoming survey in West Africa. The project is anticipated to commence during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project. SeaBird is a global provider of marine […]

IMF Staff Conclude 2018 Discussions with the West African Economic and Monetary Union

IMF Staff Conclude 2018 Discussions with the West African Economic and Monetary Union

January 25, 2018 No Comments

A staff team from the International Monetary Fund (IMF), headed by Mr. Dhaneshwar Ghura visited Ouagadougou, Abidjan, Lomé, and Dakar from January 11 to 24, 2018 for discussions with the institutions of the West African Economic and Monetary Union (WAEMU) on Common Policies for Member Countries of the Union. At the conclusion of the mission, […]

Sonangol EP Interview: Is Enhanced Oil Recovery the Future of Angola’s Oil Production?

Sonangol EP Interview: Is Enhanced Oil Recovery the Future of Angola’s Oil Production?

January 17, 2018 No Comments

Offshore Network releases exclusive interview with Geraldo Ramos, Senior Production Engineer at Sonangol EP, who discusses Enhanced Oil Recovery in West Africa, his vision for Angola’s 2018 production landscape and the experience he gained from the North Sea – With production decline a common challenge to offshore production in mature fields globally, operators in West […]

Lukoil turns to foreign upstream in quest for reserves replacement

Lukoil turns to foreign upstream in quest for reserves replacement

January 15, 2018 No Comments

Russia’s second-largest crude producer Lukoil is ready to expand its upstream portfolio with new or recently acquired assets both in Russia and abroad, including in Iraq, Iran, Mexico and West Africa, as it seeks to replace its reserves to maintain crude production levels, CEO Vagit Alekperov said Friday according to a Platts reports. “Yes, we […]

Gas Supply to Power Plants Remains Intact – NNPC

Gas Supply to Power Plants Remains Intact – NNPC

January 13, 2018 No Comments

Update on Escravos Pipeline Fire: The Nigerian National Petroleum Corporation, NNPC, on Friday explained that routine gas supply for power generation is not affected by the fresh fire incident which engulfed a segment of the Escravos-Lagos Pipeline System (ELPS). NNPC Group Managing Director, Dr. Maikanti Baru, had directed that an alternative pipeline be re-streamed immediately […]

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