Oil & Gas

South Korea’s K-Petro to assist Ghana’s NPA in capacity building

May 1, 2019

The National Petroleum Authority (NPA) and the Korean Petroleum Quality and Distribution Authority (K-Petro) have signed a Memorandum of Understanding (MoU) to collaborate and promote quality petroleum products. K-Petro would assist the NPA with the needed support, including capacity building of its officers, to advance mechanisms to uphold petroleum quality and distribution in Ghana. The…

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Oil spill threatens to pollute water sources in Makueni, Kenya

May 1, 2019

The Kenya Pipeline Company (KPC) has started cleaning up an unknown amount of diesel in Makueni County which spilled from a punctured section of the new Sh48 billion Mombasa-Nairobi oil pipeline. It is not clear for how long the new pipeline had been leaking before the spillage was detected three weeks ago. The affected area…

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Diamond Offshore awarded drillships contract for Woodside’s Senegal operations

Apr 30, 2019

According to Diamond Offshores’ fleet status report published today, both 2014 built drillships are contracted by Woodside. Ocean Blackhawk will be working in Senegal from 1Q 2022 till 1Q 2023 on a well based contract + options. Day rate is not disclosed by the offshore drilling contractor. At the moment Rig is contracted with Anadarko…

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Libya sees oil revenue rise after field recovery from militia

Apr 30, 2019

Libya’s National Oil Corporation says monthly oil revenues increased by 20% to more than $1.5 billion in March, after forces loyal to a military commander captured an oil field from another militia that had closed it for three months. NOC chairman Mustafa Sanalla said late Saturday, however, that the latest fighting in Tripoli threatens production.…

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Ghana not losing $30bn in Aker oil find – Energy Minister

Apr 29, 2019

The Minister for Energy, John Peter Amewu, has rejected claims by policy Think Tank, IMANI Africa that the state risks losing US$30 billion in the recent oil find by Aker Energy Ghana Limited. IMANI Africa, at a recent public advocacy programme, accused government of what it says were various acts or omissions in respect of…

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South African consumers to face petrol price hike in May

Apr 29, 2019

Consumers will have to dig even deeper into their pockets as both grades of petrol are set to increase by 54 cents a litre this week. The Department of Energy on Sunday announced that the price of both grades of petrol, 95 and 93 (ULP and LRP), will increase by 54 cents. This will see…

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Namibian Govt calls for more oil, gas exploration

Apr 29, 2019

MINES and energy minister Tom Alweendo has encouraged investors to continue exploring the country’s offshore areas for oil and gas as a way to capitalise on the favourable petroleum tax regime being offered. He said this during his opening remarks on Wednesday at the Namibia International Oil and Gas conference, which is underway at Swakopmund.…

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Tanzania’s energy minister orders TPDC to supply Dar homes with cooking gas

Apr 29, 2019

TANZANIA Petroleum Development Corporation (TPDC) has been directed to speed up supply of natural gas for cooking to at least quarter of Dar es Salaam households in the next three years. Energy Minister Medard Kalemani gave the order to TPDC in Dar es Salaam yesterday during his tour of some areas where connection of natural…

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Libyan state oil firm subsidiary provides oil production update

Apr 29, 2019

Eastern Libyan state oil firm AGOCO, a subsidiary of state oil firm NOC, is producing 304,000 barrels a day of oil, its chairman told Reuters on Sunday. Mohamed Shatwan said production would rise to 350,000 bpd after new projects such as improving power supply had been completed, a plan that has been in the works…

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Aker Energy completes appraisal drilling campaign off Ghana

Apr 29, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has concluded its appraisal drilling campaign offshore Ghana. The Company is currently working on a revised Plan for Development and Operations (PDO), following scheduled feedback from Ghanaian authorities. ‘Based on close collaboration with Ghanaian authorities, regulators and our license partners, Aker Energy submitted…

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