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August 26, 2020Africa Energy Increases Stake in Block 11B/12B Offshore South Africa
Africa Energy currently holds a 49% interest in Main Street 1549, which has a 10% stake in Block 11B/12B.
February 24, 2020ANPG Signs MoU with Block 14 Partners
This MoU is the third agreement signed by ANPG since the beginning of the year.
February 18, 2020Block 17 Extension Granted to Total and Partners Until 2045
Sonangol will hold a 5% share in the license.
February 6, 2020ExxonMobil Solidifies Long-Term Block 15 Position
ExxonMobil and its partners extend their operating license for Angola’s block 15.
December 17, 2019ANPG, Block 17 Consortium Sign Extension Agreement Until 2045
The Block currently produces 440,000 barrels of oil equivalent per day.
July 26, 2019Market Report: GNPC and BP sign JOA for Block A1 License
GNPC and BP Gambia signed a Joint Operating Agreement (JOA) for Block A1 License.
July 25, 2019Minister of Petroleum: South Sudan Tackles Oil Sector Finance in 2019, Will Open Blocks in 2020
This investment will increase activity in the country’s upstream sector.
February 7, 2019Equatorial Guinea to Offer 13 Blocks in Licensing Round
The Minister of Mines and Hydrocarbons announced more details on the upcoming round.
February 1, 2019BP looking at FPSO option for Block 31
One of Angola’s major IOC’s is considering alternatives for Palas-Astraea-Juno expansion in Block 31.
January 3, 2019Nigeria to renew oil block licenses in Q1, 2019
The renewal of licenses has injected $2 billion into the country to finance its budget.