Oil & Gas

S. Africa’s natural gas capacity set to increase to 11,930MW by 2030 – RAM

Mar 4, 2019

South Africa’s natural gas constitutes more than 3.2 per cent of the nation’s primary energy supply, according to an analysis by ResearchAndMarkets. According to ResearchAndMarkets, the consumption of natural gas in South Africa contracted by 2.3 per cent year-on-year in 2017. The Department of Energy has identified the harnessing of conventional and unconventional forms of…

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Aker Energy announces successful drilling results off Ghana

Mar 4, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that it encountered oil in the Pecan South-1A well offshore Ghana. A sidetrack will now be drilled to further appraise the volume potential. The Pecan South-1A well was drilled south of the main Pecan field in the DWT/CTP block and…

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Ceiba field optimisation off Eq. Guinea remains challenging for Kosmos

Mar 4, 2019

Oilfield production optimisation has proved a little more difficult than expected for Kosmos Energy in the Ceiba-Okume complex, offshore Equatorial Guinea, an asset which it purchased as operator in October 2017. Average production in 2018 came to about 44,100BOPD, a less stellar performance than the prognosis in the company’s 2017 annual report. Kosmos Energy had…

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Vivo Energy completes Engen deal for new African markets

Mar 4, 2019

VIVO ENERGY Plc has completed a transaction with Engen Holdings (Pty) Limited, which involved an issue of 63,2 million new shares by the former, and US$62,1 million in cash. The cash element of the consideration has been funded by a drawdown on Vivo Energy’s multi-currency facility. Due to the share issuance, Engen, which is a…

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Minister meets AGRC leadership in Milan, Italy on Uganda Refinery Configuration

Mar 4, 2019

Recalling that the Government of Uganda (GoU) represented by the Minister of Energy and Mineral Development, Hon. Irene N Muloni and Uganda National Oil Company signed a Project Framework Agreement (PFA) on the 10th of April 2018 to develop a 60,000-bpd refinery in Kabaale, Hoima District. In the said PFA, the Parties agreed that AGRC…

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Kenyan Petroleum Refinery Ltd wants out of pipeline union

Mar 3, 2019

Three years after the Kenya Pipeline Company took over the Kenya Petroleum Refinery Ltd in a government-forced merger, the lease under which the union was created is set to expire in March. This creates uncertainty about the operations of KPRL, which was converted into a storage facility after halting refining operations in 2013. Since the…

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Eco granted exploration extension in Namibia

Mar 3, 2019

Eco (Atlantic) Oil & Gas Ltd, an oil exploration-focused company with licences in offshore Guyana and Namibia, has been granted a one-year extension to the first renewal exploration period on all of its Namibia Licenses to March 2019 by the Namibian Ministry of Mines and Energy. Each license will automatically enter the second renewal period,…

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FluidOil signs MOU with Libya’s Nation Oil Corporation

Mar 3, 2019

FluidOil and National Oil Corporation (NOC) are pleased to announce that a Memorandum of Understanding (“MOU”) has been signed between FluidOil and National Oil Corporation of Libya to evaluate the development of the Haram heavy oil field. This evaluation will focus on using the latest heavy oil production techniques in conjunction with FluidOil’s VHTL on-site…

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Eni’s Libyan subsidiary seeks supply vessels for Bahr Essalam field

Mar 2, 2019

Mellitah Oil & Gas B. V. (Gas Division) intends to inviting Local & foreign specialized companies that have established themselves in the ability & competence to carry out the required work, by presenting  the following files:  Legal File  Financial File  HSEQ File  Technical File includes (Technical profile, experience, CV,….etc.) For the purpose of evaluation and…

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Tanzania’s GASCO invites tender for gas pipeline equipment

Mar 2, 2019

Gas Company (Tanzania) Limited (GASCO) has invited sealed tenders from eligible Suppliers of supply and installation of backup sever and integration with existing SCADA system for Madimba GPP and Gas Pipeline. Tendering will be conducted through the National Competitive Bidding procedures specified in the Public Procurement Regulations, 2013 – Government Notice No. 446 as amended…

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