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September 25, 2020South Sudan: Keeping the Oil Flowing
South Sudan has invited international companies to invest in its refining and infrastructure sectors.
September 11, 2020Market Report: Tullow Oil Boosts Oil Production Offshore Ghana
Tullow Oil reports strong production results from the deepwater Jubilee and TEN fields in Ghana this year.
September 8, 2020Angolan Oil Tax Revenues Increase by 3.2%
The increase comes as a result of a rising barrel price, despite lower crude export volumes.
August 3, 2020Market Report: Lukoil Acquires Interest in Senegal’s Rufisque, Sangomar and Sangomar Deep Project
Lukoil bought Cairn Energy’s 40% interest in the offshore project for $300 million.
July 28, 2020Egypt Announces New Oil Discovery in the Gulf of Suez
The initial production rate of the new discovery is estimated at 2,000 barrels of oil per day. Exploration and production company Petrogulf Misr and the Egyptian Ministry of Petroleum recently announced the discovery of a deposit of approximately 70 million barrels of crude oil in the shallow waters of the Geisum concession, south of the […]
June 29, 2020Gabon Records Oil Production Increase
Gabonese oil production recorded in increase of 5.3% in the first quarter of 2020.
June 22, 2020Egypt Announces New Oil Discovery in the Gulf of Suez
The initial production rate of the new discovery is estimated at 2,000 barrels of oil per day.
June 22, 2020Market Report: Nigeria Begins Oil Exploration in Niger State
The ongoing exploration can add 40 billion barrels to the nation’s reserves by 2023.
June 11, 2020Angola Reduces Oil Exports to China
The number of Angolan oil cargoes shipped to China will decrease next month.
May 25, 2020Angola Exploration License Extensions Could Spur Oil Sector Recovery
Several IOCs received extensions on existing block licenses in Angola before the COVID-19 crisis.