Aminex gives update on Tanzania oil and gas operations

Dec 17, 2018

Aminex has provided an updtae on its operations in Tanzania. Chikumbi-1 drilling and 3D seismic programmes progressed in the Ruvuma PSA and drilling rig selected, Kiliwani North-1 remediation work ongoing and areas for future 3D seismic surveys identified with intent to progress low cost prospects in both Kiliwani North and Nyuni. Highlights: Chikumbi-1 drilling and 3D seismic programmes…

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Wentworth Resources set to relinquish Tembo Block, exit Mozambique

Dec 17, 2018

Wentworth Resources, has announced that further to its announcement dated 3 October 2018, it intends to relinquish the Tembo block with a planned effective date of 30 April 2019 ahead of the end of the current appraisal term on 15 June 2019. The Company will also exit Mozambique, closing its Maputo office and shutting down…

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AAOG reports success at the TLP-103C well at its Tilapia site in the Rep. of Congo

Dec 17, 2018

Anglo African Oil & Gas (AAOG) has provided an update in relation to its TLP-103C well at the Company’s Tilapia licence. The Company intersected the R1, R2 and R3 horizons on Saturday 15 December. Hydrocarbons were encountered in these horizons as prognosed and in line with the Company’s geological model. The R1 was intersected at 1273.3mMD and formed…

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Sonangol and BP agree to advance BP’s activities in Angola

Dec 17, 2018

Angola’s Sonangol and BP have signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the production licence for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to government approval, and for Sonangol to take an 8% equity interest in the block. Platina would be…

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ENGIE to fuel first buses with compressed natural gas in Cote d’Ivoire

Dec 17, 2018

The Ivorian Minister of Transport, Mr Amadou Koné, and several government Ministers gathered to launch a ground breaking initiative as part of the country’s commitment to the Paris COP 21 agreement. The Minister unveiled a fleet of buses commissioned by the Société des Transports Abidjanais (SOTRA), supplied by IVECO and fuelled by compressed natural gas.…

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Total Zimbabwe taken to court over alleged $26,000 fraud

Dec 15, 2018

TOTAL Zimbabwe, which is owned by French oil giant Total Petroleum, has been dragged to court for allegedly defrauding a franchise fuel dealer of $26 000 meant for fuel the company was supposed to deliver. The company has already pleaded not guilty to fraud through its consultant, Masimba Chikawe, who appeared before Bulawayo magistrate Sithembiso…

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Uganda touts potential, invites new oil exploration bids

Dec 15, 2018

Ahead of the second competitive round for exploration licences in 2019, Uganda is lobbying for investors in its Albertine fields to prospect for oil. State Minister for Energy and Mineral Development, Peter Lokeris, told international oil firms, financing groups, oil lawyers and consultants gathered in Juba on November 21 that Uganda is an attractive destination…

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Tower Resources signs drilling contract for NJOM-3 well in the Thali licence, off Cameroon

Dec 15, 2018

Tower Resources, the AIM listed oil and gas company with its focus on Africa, has announced that its wholly owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well which is planned for Tower’s 100% owned and operated Thali licence, offshore Cameroon, in Q2 2019. The…

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Spain’s Cepsa seeks increased fuel retail position in Morocco

Dec 14, 2018

Cepsa has entered into a partnership with Derhem Holding to expand its fuel business in Morocco. Both companies are expected to create a joint venture with the goal of having a network of 100 sites over the next five years. The Spanish oil company has already spoke of its ambitious plans for the North African…

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China bought huge amounts of Mideast, African oil during Nov price plunge

Dec 14, 2018

China bought huge amounts of Middle East and West African crude as oil prices were collapsing in November. Oil tankers loaded 6.5 million barrels a day from ports in the two regions for Chinese buyers in November, a 26 percent increase compared with the average over the prior 10 months, ship tracking compiled by Bloomberg…

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